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Report Finds Many Americans are Still Struggling Despite Rising Wages

Sixty-one percent are still living paycheck to paycheck

The economy's recovering but workers are still having a hard time making ends meet.

While real wages are on the rise, they cannot keep up with the increased cost of living, which is growing at the fastest annual pace in about 40 years.

Over the past year, inflation eroded pay by 1.7 percent, according to the U.S. Department of Labor.

Please select this link to read the complete article from CNBC.

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