The economy may be chugging along, but many Americans are still struggling to afford a basic middle class life. But in Washington State, only 14% of jobs pay more than $40 an hour. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. A lot of people had their savings wiped out during the recession," Hoopes said. "A lot of people lost their jobs.
Related: How Joe Biden would fix income inequality in America California, New Mexico and Hawaii have the largest share of struggling families, at 49% each. Contact Us Closed Captioning Site Map > Most stock quote data provided by BATS. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC.
This may be because the benefits of lower unemployment rates, lower inflation and higher wages are not being distributed equally. All content © 2018 Truthdig, LLC. Newsmax, Moneynews, Newsmax Health, and Independent. Getty Images NTSB Says All New School Buses Should Have Seat Belts 0:53 Getty Images Harvey Weinstein Is Reportedly The Subject Of A Federal Investigation 0:56 Getty Images Commerce Dept.
North Dakota has the lowest at 32%. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates. © 2018 Cable News Network. And many of their children are struggling just to get out of the home. According to the Federal Reserve’s Survey of Consumer Finance , the top 1 percent of wealthy Americans now holds 38.6 percent of the nation’s wealth, up from 33.7 percent in 2007.
Many of these folks are the nation's child care workers, home health aides, office assistants and store clerks, who work low-paying jobs and have little savings, the study noted. All times are ET. A Time Warner Company. Stephen Stirling may be reached at [email protected] . Truthdig has launched its first fully reader-funded project to document the Poor People’s Campaign . Your Truthdig, your way.
Some 66% of jobs in the US pay less than $20 an hour. Morningstar: © 2018 Morningstar, Inc. Terms under which this service is provided to you. Follow him on Twitter @sstirling . Will U.S. Statements and opinions expressed in articles and comments are those of the authors, not Truthdig. That's according to a new study by the United Way ALICE Project . Geological Survey One Person Has Been Injured In Hawaii's Kilauea Volcano Eruption 0:35 Getty Images J.J.
All Rights Reserved. N.J. households among the 'working poor' and it's getting worse. New Jersey On-Line LLC. Pope to Gay Man: ‘God Made You Like This. The states of California, New Mexico, and Hawaii have the most struggling families at 49 percent each, the study showed. Close to 51 million households are included in that percentage. Watt To Pay For Texas School Shooting Victims' Funerals 0:36 U.S.
The latest iteration of the ALICE project, released Thursday, is the first time United Way has looked at the population nationally. The severity of the problem varies by state. American History for Truthdiggers: Counterrevolution of 1787? The low unemployment rates may force employers to raise wages to attract scarce talent. The widespread problem is occurring even as the U.S. saw its lowest unemployment rate since 2000 last month.
This would require an hourly wage of $42.46. All rights reserved. Some counties, like Hunterdon, have less than 30 percent of their population under the ALICE threshold. California, New Mexico and Hawaii have the highest number of struggling families, at 49 percent. Now you can personalize your Truthdig experience. Newsmax Comment Policy Keep discussions on topic, avoid personal attacks and threats of any kind.