Despite job gains and wage growth, Americans aren’t saving

DESPITE RISING WAGES and increasing employment, Americans are not increasing their savings. / BLOOMBERG FILE PHOTO/PATRICK T. FALLON
DESPITE RISING WAGES and increasing employment, Americans are not increasing their savings. / BLOOMBERG FILE PHOTO/PATRICK T. FALLON
NEW YORK - Despite recent job gains, rising wages and falling unemployment, almost a quarter of Americans said they still have no emergency savings, according to an annual Bankrate.com report released Wednesday. The number of Americans who said they have no money readily available in either a checking, savings or money market account fell to a seven-year low…

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