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In this yearsWorld Happiness Report, the U.S. fell from No.
23 on the list.
And the generational split was noticeable.
Americans over 60 ranked No.
10 for happiness, while those younger than 30 ranked at No.
Heres a look at some key economic factors attributing to the decline.
Next, find outwhat salary it’s crucial that you be happy in every state.
Researchers argue that technology and social media have led to an epidemic of isolation and loneliness,CNBCreported.
Impacts of Inflation
Those fears of a recession come amid inflation and rising prices in the U.S.
While inflation has moderated in the past year, consumers continue to pay more for everyday goods and services.
Those increased costs are among the reasons more American adults are feeling increasingly anxious.
Further, 63% said theyre anxious about paying bills or expenses.
Families have been cutting back and trying to find resources to better meet their needs.
Some have turned to side jobs to help put more money in their pockets.
Nearly half of respondents to aForbes Advisorsurvey noted they were very or somewhat stressed about handling a financial crisis.
More than half (56%) reported having less than $2,000 in savings.
Nearly 20% have no savings at all.
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