Share of gig workers whose emergency savings would not last one month U.S. 2020
In 2020, 62 percent of respondents in the United States who participated in flexible work said that their emergency savings would not last six months. This is compared to 24 percent of respondents whose emergency savings would not last one month.
Having emergency savings is generally considered to be a sign of financial well-being, especially if those savings can last for longer periods of time, as the person would then be able to support themselves in case of an emergency or loss of a job.
Having emergency savings is generally considered to be a sign of financial well-being, especially if those savings can last for longer periods of time, as the person would then be able to support themselves in case of an emergency or loss of a job.
