Dec. 30, 2024 | On the Money
INDIANAPOLIS (WISH) — Here is a look at Monday’s business headlines with Jane King, where she discusses factors impacting homelessness in America and Hoosiers having the 48th lowest credit card debt in the United States.
Hoosier credit card debt 48th lowest in US
In terms of credit card debt, Indiana is toward the bottom of states.
Visual Capitalist says the average balance is just over $5,200, the 48th lowest. Still, it would take 17 months to pay off that debt.
Heading into the holiday shopping season, credit card balances were already 8 % higher than a year ago, according to the Federal Reserve Bank of New York.
Remote chance for some US workers to remain at home
Some American workers are being told to go back to the office this Wednesday, Jan. 1.
But the Wall Street Journal says the debate over return to office will continue in 2025.
Also, a new survey from Resume Builder finds 1 in 4 remote workers report declining social skills and struggle with eye contact and carrying on a conversation.