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posted by janrinok on Monday May 21 2018, @08:11AM   Printer-friendly
from the richest-country-in-the-world dept.

http://money.cnn.com/2018/05/17/news/economy/us-middle-class-basics-study/index.html

"Nearly 51 million households don't earn enough to afford a monthly budget that includes housing, food, child care, health care, transportation and a cell phone, according to a study released Thursday by the United Way ALICE Project. That's 43% of households in the United States."

The figure includes the 16.1 million households living in poverty, as well as the 34.7 million families that the United Way has dubbed ALICE -- Asset Limited, Income Constrained, Employed. This group makes less than what's needed "to survive in the modern economy."

"Despite seemingly positive economic signs, the ALICE data shows that financial hardship is still a pervasive problem," said Stephanie Hoopes, the project's director.

California, New Mexico and Hawaii have the largest share of struggling families, at 49% each. North Dakota has the lowest at 32%.

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. Some 66% of jobs in the US pay less than $20 an hour.

See also: https://www.forbes.com/sites/noahkirsch/2017/11/09/the-3-richest-americans-hold-more-wealth-than-bottom-50-of-country-study-finds/


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  • (Score: 4, Interesting) by MichaelDavidCrawford on Monday May 21 2018, @08:16AM (2 children)

    I joined all the Work From Home groups on facebook so I can flog http://soggy.jobs/computer/telecommute/ [soggy.jobs]

    I have never seen such an outpouring of anguish and despair as I witness daily in the Work From Home groups.

    Quite commonly it's a single mother who doesn't have enough money to provide for her children.

    I always recommend applying for entry-level support or QA jobs because those generally don't require experience. I've gotten many positive responses.

    But all the other remote... uh... "jobs" ... are either transparently obvious pyramid schemes, they want your bank account number or they charge a startup fee that is never recouped.

    Some right chap approached me privately about "investing" in his pyramid scheme. That it was a pyramid was made obvious by his being specific about the "guaranteed" returns I would enjoy for "investing" various amounts.

    FB removed every last one of his posts then deleted his account.

    But he'll just register again under a different name.

    --
    Yes I Have No Bananas. [gofundme.com]
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  • (Score: 0, Troll) by Anonymous Coward on Monday May 21 2018, @09:14AM

    by Anonymous Coward on Monday May 21 2018, @09:14AM (#682083)

    Single mothers are quite possibly most degenerate people in the world. Sure maybe the historic scorn we poured on them was a bit much, but applauding them does no one any fucking favors. With Democrats working overtime to break families asunder thie number of single mothers will only increase. If you got no daddy or bog brother to keep you from getting impregnated by a YOLO sheister, the dumb woman brain just goes along thinking it's love.

  • (Score: 3, Insightful) by aristarchus on Monday May 21 2018, @11:04PM

    by aristarchus (2645) on Monday May 21 2018, @11:04PM (#682430) Journal

    Now you know why Betsy DeVos is the Secretary of de-Education. Amway, and it's Web2.0 incarnation, Quixtar, need more people who cannot comprehend pyramid schemes, so they can keep the scam going.