Aug 29

Aug 29 Survey: Inflation Is An Issue This Labor Day

Nearly 75% in Recent Survey Say Inflation is Challenging Their Labor Efforts

Around 74% of people think that inflation is erasing their hard work, according to WalletHub’s 2024 Labor Day Survey. This nationally-representative survey examines Americans’ Labor Day plans and how people have been impacted by the current economic environment.

Alongside this survey, WalletHub also released its Labor Day Fun Facts report to educate and entertain consumers with stats on all aspects of the holiday – from hotdogs and history to financials and 5Ks. You can find highlights from the survey below.

Labor Day Survey

Inflation frustration: 74% of people think inflation is erasing their hard work.
Impact of inflation: Nearly 2 in 3 Americans say inflation is affecting their Labor Day plans.
Year-over-year improvement: 67% of Americans say they are doing better financially than they were last Labor Day.
Working harder for the money: 67% of people believe they’re working harder this year than last year.
Trying to make ends meet: 93% of people want a raise to keep up with inflation.
Labor Day deals: 66% of Americans think Labor Day sales offer good deals.