Summary:

– Surveys show many full-time workers struggling with holiday costs as wages lag.

– NRF forecasts per-person holiday spending dipping to $890 this year.

– Retailers expect softer demand, fewer shoppers and reduced seasonal hiring .

Americans plan to spend less this holiday season due to economic pressures .

The National Retail Federation forecasts Americans will spend about $890 per person on holiday gifts, food and decor, down from last year when U.S. shoppers spent a record $902 per person. NRF reports 70% of holiday spending will be on gifts.

More than 6 in 10 full-time workers are struggling to afford holiday expenses this year and two-thirds are counting on extra work to make ends meet, according to a new survey of 1,000 full-time U.S. workers.

For 3 in 10 resp

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