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International Business Times
International Business Times
Business
Olivia Harper

US Workers Increasingly Strained By Rising Debt, BofA Survey Finds

American workers are showing rising signs of financial strain, with household debt burdens eroding short-term confidence despite broader indicators of economic strength. According to a new survey from Bank of America, only 47% of full-time employees say they feel financially well—down from 52% earlier this year, Reuters reported.

The survey, conducted in May 2025 among more than 1,000 U.S. workers, revealed that 85% carry some form of personal debt. Even more striking, 26% said they are actively seeking support with financial issues such as emergency savings and debt repayment—double the 13% figure recorded just two years ago. The findings suggest that many households remain financially vulnerable despite steady job growth and easing inflation.

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