3 out of 4 Americans have no personal financial safety net

[Grumpier Than Uncle Joe]

Probably 2 out those 3 who  have no safety net are under-employed.  A horrible situation that doesn't hit you in the face because there's not a monthly stat that's covered heavily by the media, like the unemployment rate.

[Grumpier Than Uncle Joe]

Probably 2 out those 3 who  have no safety net are under-employed.  A horrible situation that doesn't hit you in the face because there's not a monthly stat that's covered heavily by the media, like the unemployment rate.

Unfortunately underemployment is a far more nebulous concept than unemployment, so it's more difficult to measure.

Of course it's more difficult to measure, but I think it's a key factor in why 3 out of 4 americans have no personal financial safety  net.