A new report has found out that almost three-quarters of millennials -- people born from 1981 to 1996 -- in the United States are living paycheck to paycheck.
The survey, entitled “New Reality Check: The Paycheck-to-Paycheck Report,” was released on Saturday by PYMNTS, a company that reports on financial news and data, and the financial services company LendingClub, The Hill reported.
The report found 60.1 percent of American consumers were living paycheck to paycheck last month, including 73.2 percent of millennials.
In the meantime, 65.5 percent of consumers of Generation Z -- the generation born in the late 1990s or the early 21st century -- and 64.2 percent of Generation X – the generation born before millennials -- were living paycheck to paycheck, but only 49.5 percent of baby boomers and senior citizens were. Baby boomers were born in the years following the Second World War, when there was a temporary marked increase in the birth rate.
Respondents who said they were living paycheck to paycheck said that their paycheck only covers basic bills.
More than 25 percent of respondents also said they pay for expenses for other family members and have major debts to pay. About one-third of millennials cited each of these reasons.
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A fresh wave of Iranian retaliatory strikes has crippled a major US air base in Bahrain, with strikes destroying command centers as Iranian forces continue launching firm response to the US-Israeli aggression.
"Ten key and strategic command points and equipment complexes of the American terrorist forces at the 'Sheikh Isa Air Base' in Bahrain were heavily hit by Iranian projectiles," The Islamic Revolution Guards Corps (IRGC) said in a statement on the 15th wave of operation "True Promise 4".
The targets destroyed included the air control command center of the American terrorist forces, aircraft fuel depots, and the building housing high-ranking American commanders, according to the statement.
Earlier in the day the IRGC announced that its naval forces launched a large-scale drone and missile operation on the US air base in the Sheikh Isa area of Bahrain early this morning .......more below
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The Islamic Revolution Guards Corps (IRGC) has announced execution of the 16th wave of its underway Operation True Promise 4 against renewed Israeli-American aggression towards the Islamic Republic.
In a statement issued in late Tuesday, the Corps noted that it had struck the "heart and the northern parts of the occupied territories" with "effective" missile and drone operations conducted by its Aerospace Division.
It cited some of the targets as the general staff of the Israeli regime's army and its ministry of war in Hakiriya, the strategic infrastructures lying in Bnei Brak, military targets stationed in Beit Hakfa, northeast of Tel Aviv, and the military center in Western Galilee.
According to intelligence sources and field monitoring, enemy military casualties have increased to more than 680 killed and wounded by the fourth day of the reprisal, the Corps stated.
The statement pointed to "operational weakness, technical gaps, and the reduced computational capability in the multi-layer defense ...
The Iranian army has reported that its air defense systems successfully destroyed six advanced enemy drones over the last 24 hours as they were flying over the Iranian territory.
In a communique issued on Tuesday, the army stated that the drones were intercepted and shot down by the integrated systems of the Khatam al-Anbiya Air Defense Base.
It further specified that six advanced “Hermes” drones were targeted and destroyed across various regions, including Isfahan, Qasr-e Shirin, Tabriz, Khuzestan province, and the greater Tehran area.
Since the beginning of the war on Saturday, a total of 35 advanced hostile drones have been intercepted and downed, the army reported.
These operations were executed by ground-based air defense units, fighter jets from the Air Force, and units of the Islamic Revolution Guard Corps (IRGC), all operating under the country’s integrated air defense network.
Iran’s military has been conducting sustained retaliatory attacks against the American ...
