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Where the Middle Class Is Dying
h/t InstapunditDespite the country’s unemployment rate falling below 5% in January for the first time since 2008, and the Federal Reserve’s decision to raise interest rates for the first time since 2006, concerns about wage growth -- particularly among middle earners -- remain. Since 2010, as the country began to recover from the Great Recession, income of the top 20% of households grew 3.7% from 2010 through 2014. During that time, incomes of the middle 20% of households declined 0.7%. Posted by: g(r)omgoru 2016-04-03 |
| http://www.rantburg.com/poparticle.php?ID=451316 |