American Working Familes Getting Poorer – People Today have 1/3 rd less than in 2007

admin — Sun, 27 Jul 2014 04:18:41 +0000

The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 percent decline, according to a study financed by the Russell Sage Foundation. Those are the figures for a household at the median point in the wealth distribution — the level at which there are an equal number of households whose worth is higher and lower. But during the same period, the net worth of wealthy households increased substantially. Thus, the average wealth and prosperity in the United States is down over 1/3rd just in 10 years.

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Millions of Americans to Poor to leave home. 57 Million Americans from working familes affected.

admin — Fri, 18 Jul 2014 13:34:53 +0000

The economy and employment has forced millions to live with their parents or grandparents. A massive record breaking 57 million Americans, or a wopping 18.1% of the population, is living in multigenerational arrangements in 2012, according to the Pew Research Center. This is double the meager 28 million people who lived in such households in 1981.

CONSERVATIVE LABOR MOVEMENT » Household

American Working Familes Getting Poorer – People Today have 1/3 rd less than in 2007

Millions of Americans to Poor to leave home. 57 Million Americans from working familes affected.

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