Monday, October 28, 2019

Goodbye American Middle Class -- 58% of American workers made less than $40,000 last year !

Low-income 
households 
are struggling 
to make 
ends meet 
during the 
“greatest 
economy ever” 
... and we are 
over 10 years 
past the end of 
the last recession. 

Many surveys show 
that most Americans
 are living paycheck 
to paycheck.

A new report from UBS 
says that 44% percent 
of all U.S. consumers 
“don’t make enough money 
to cover their expenses".


Unfortunately, most jobs 
in the United States 
are not “good jobs”.

The current poverty level 
for a U.S. household of four 
is $25,750.  

More than 40% of workers 
in the U.S. make less 
than that each year.



It's true that 10% of all 
American workers 
are making $100,000 
or more a year, 
mainly in the 
major cities 
along the east 
and west coasts.  

But the Social Security 
Administration said 
the median income 
in the United States 
was just $32,838 in 2018
 -- meaning half of 
American workers 
made less than $32,838.  

Many families today 
have a member 
working multiple jobs 
to make ends meet.

-33% of all American workers
made less than $20,000 
last year.

-46% made less than 
$30,000 last year.

-58% made less than 
$40,000 last year.

-67% made less than 
$50,000 last year.

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