Mainecat Posted January 12, 2020 Share Posted January 12, 2020 Interesting ......53 million workers ages 18 to 64—or 44% of all workers—earn barely enough to live on. Their median earnings are $10.22 per hour, and about $18,000 per year. Low unemployment isn't worth much if the jobs barely pay (Brookings) https://www.brookings.edu/blog/the-avenue/2020/01/08/low-unemployment-isnt-worth-much-if-the-jobs-barely-pay/?fbclid=IwAR2Gv68Jpuo-NsyK81BnQOu24DeTh1YjMA73_loTOMnLY_iWnh3X23z_l58 Martha Ross and Nicole BatemanWednesday, January 8, 2020 Excerpt: In a recent analysis, we found that 53 million workers ages 18 to 64—or 44% of all workers—earn barely enough to live on. Their median earnings are $10.22 per hour, and about $18,000 per year. These low-wage workers are concentrated in a relatively small number of occupations, including retail sales, cooks, food and beverage servers, janitors and housekeepers, personal care and service workers (such as child care workers and patient care assistants), and various administrative positions. Just how concerning are these figures? Some will say that not all low-wage workers are in dire economic straits or reliant on their earnings to support themselves, and that’s true. But as the following data points show, it would be a mistake to assume that most low-wage workers are young people just getting started, or students, or secondary earners, or otherwise financially secure: -Two-thirds (64%) of low-wage workers are in their prime working years of 25 to 54. -More than half (57%) work full-time year-round, the customary schedule for employment intended to provide financial security. -About half (51%) are primary earners or contribute substantially to family living expenses. -Thirty-seven percent have children. Of this group, 23% live below the federal poverty line. -Less than half (45%) of low-wage workers ages 18 to 24 are in school or already have a college degree. These statistics tell an important story: Millions of hardworking American adults struggle to eke out a living and support their families on very low wages. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted January 12, 2020 Share Posted January 12, 2020 Thank goodness your BILs printing company had a good union,,,,.. whoops,,,,l, 1 Quote Link to comment Share on other sites More sharing options...
jtssrx Posted January 12, 2020 Share Posted January 12, 2020 You must be talking about when Obama was President 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted January 12, 2020 Share Posted January 12, 2020 The trump economy. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted January 12, 2020 Author Share Posted January 12, 2020 44% of all working Americans barely earn enough to live on. ....44% Quote Link to comment Share on other sites More sharing options...
Rod Posted January 12, 2020 Share Posted January 12, 2020 5 minutes ago, Mainecat said: 44% of all working Americans barely earn enough to live on. ....44% Likely all low IQ and no matter what will never make very much money because they simply have low competence and abilities the fact they have jobs is just less the public has to pay 1 Quote Link to comment Share on other sites More sharing options...
Snake Posted January 12, 2020 Share Posted January 12, 2020 “Never mind the liberal lies. Hard data reveal this reality. The Atlanta Federal Reserve Bank’s monthly Wage Growth Tracker shows that Americans are making more money, particularly those who have been forgotten for decades. Between November 2018 and November 2019, overall median wage growth climbed 3.6 percent, a healthy pace that should lift spirits, too. Those in the bottom 25 percent saw wages advance 4.5 percent, while the top 25 percent lagged, with pay rising just 2.9 percent. This is the 180-degree exact opposite of what Democrats relentlessly bellow. They have equal access to the Atlanta Fed’s website. This confirms their rank dishonesty.” 1 Quote Link to comment Share on other sites More sharing options...
SVT MXZ XRS Posted January 12, 2020 Share Posted January 12, 2020 10 minutes ago, Snake said: “Never mind the liberal lies. Hard data reveal this reality. The Atlanta Federal Reserve Bank’s monthly Wage Growth Tracker shows that Americans are making more money, particularly those who have been forgotten for decades. Between November 2018 and November 2019, overall median wage growth climbed 3.6 percent, a healthy pace that should lift spirits, too. Those in the bottom 25 percent saw wages advance 4.5 percent, while the top 25 percent lagged, with pay rising just 2.9 percent. This is the 180-degree exact opposite of what Democrats relentlessly bellow. They have equal access to the Atlanta Fed’s website. This confirms their rank dishonesty.” Quote Link to comment Share on other sites More sharing options...
Mainecat Posted January 12, 2020 Author Share Posted January 12, 2020 (edited) Almost half of working Americans are barely getting by on minuscule incomes. That’s horrible. Edited January 12, 2020 by Mainecat Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted January 12, 2020 Platinum Contributing Member Share Posted January 12, 2020 6 minutes ago, Mainecat said: Almost half of working Americans are barely getting by on minuscule incomes. That’s horrible. IT has been that way for 25 yrs. Why do you think 47% of Americans don't pay federal income tax? Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted January 12, 2020 Share Posted January 12, 2020 Barely enough to survive- sure at a quality of living level that would place them well up the list compared to the rest of the world. Waah. 1 2 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.