February 12, 2019

How the government shutdown affected the finances of federal workers

Researchers have warned for years that many Americans lack the emergency savings to cover even a relatively brief disruption of their income. Few events have provided a clearer real-world test of that assessment than the recent 35-day partial government shutdown.

December 16, 2018

American workers seek learning and development programs to close skills gap

Unemployment is at its lowest point since 1969 and job openings are at a 17-year high, according to the Bureau of Labor Statistics. With a tightened labor market the competition for candidates with the right skill set is soaring. Yet, many workers lack the skills necessary to pursue new opportunities, suggests a new survey from Prudential Financial, Inc.

December 11, 2018

Diversity and financial wellness: Prudential study explores financial lives of Americans by race, gender, sexual identity, caregiver status

NEWARK, N.J., December 11, 2018 - Bright spots and areas of optimism exist within traditionally underserved groups in the face of income inequality, retirement insecurity and household debt, new data from Prudential Financial, Inc. (NYSE: PRU) reveals. The in-depth exploration of data from Prudential’s Financial Wellness Census™ highlights the dramatic differences in the experiences of diverse populations within the U.S., many of whom were disproportionately impacted by the 2008 financial crisis.

November 08, 2018

An El Paso military family uproots their lives—but not careers—in move to Alaska

They call Alaska “The Last Frontier” for good reason. For most Americans, the 49th state evokes a frigid wilderness capped with electric-blue glaciers and frozen tundra, with spruce forests overrun by grizzly bears and crystal-clear rivers swimming with salmon. For the Braccos, a military family that was relocated from El Paso, Texas, to Fairbanks a year ago, it’s the polar opposite of everything they’ve ever known.

November 04, 2018

American workers say private business best-suited to impact community growth

Prudential's fourth American Workers Survey, conducted in September, found that American workers believe the business community is among the best-suited to provide the financing needed to help their communities thrive—with small businesses and large employers ranking ahead of state government, individual community members and federal government.

September 20, 2018

Europe’s elder boom and baby bust: Leaders seek innovation to improve retirement security

Europe’s rising longevity and falling birthrates are pressuring its retirement systems like never before, as its elderly populations grow relative to its working-age populations. By 2050, nearly one in three Europeans will be over the age of 65, a trend that promises to strain the finances of retirees and their families, as well as the societies in which they live.

September 17, 2018

One-third of Americans don’t have an accurate perception of their finances, Prudential’s Financial Wellness Census reveals

A third of Americans believe they are either better or worse off financially than they actually are, a new Prudential study says.

September 07, 2018

In love, but don’t want to get hitched? Think again, with your wallet

If it seems you’ve gotten fewer wedding invitations lately, it’s not your imagination. Marriage is declining, and not only among young couples. Those nearing retirement age are shying away from marriage, too. Unfortunately, those who never marry could find themselves without a financial safety net.

 

August 31, 2018

Prudential backs federal support of expanding Americans’ access to retirement savings

President Trump today signed an executive order directing the Labor Department to promote programs that enhance retirement security and expand access to workplace retirement savings plans for American workers.

August 29, 2018

Senators hear Prudential's stance on Financial Wellness

Vishal Jain, financial wellness officer for Prudential’s Workplace Solutions Group, told U.S. senators that legislation making it easier for Americans to save for retirement would go a long way to helping them ease mounting financial burdens.