from mybudget360.com:
US has one of the highest number of employees working in low wage jobs of high paying industrialized nations. 1 out of 4 Americans employed work in jobs that pay less than $10 per hour.
Low wage jobs have been a big part of the so-called recovery. What they also signify is a more troublesome trend that continues to eat away at the middle class in this country. I’ve noted that the per capita average income for Americans is $25,000 and many seem to be shocked when they hear how low this figure is. A recent presentation only reinforces this figure by discussing the number of working Americans in low wage fields. The problem with having such a large portion of our population in low wage work is that as the cost of living goes up many of these people have a harder time providing for necessities like food, education, and also healthcare.
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