The Most Surprising Thing About Today’s Jobs Report

Zero Hedge | Tyler Durden | 11/06/2015 14:39 -0500 After several months of weak and deteriorating payrolls prints, perhaps the biggest tell today’s job number would surprise massively to the upside came yesterday
read more

Goodbye American middle class: New report reveals that 62 percent of Americans earn $20 or less per hour. Household income stuck in neutral for a generation

Source: My Budget 360 The latest figures from the Bureau of Labor and Statistics (BLS) reveals that 62 percent of Americans earn $20 or less per hour.  And this only
read more

Hand-to-mouth nation: Roughly 40 percent of US households living paycheck to paycheck but two thirds of these families are not considered poor by economic definitions

Source: My Budget 360 People have a hard time believing that in the wealthiest country in the world, we have close to half of our population living hand-to-mouth bouncing from
read more

A land of low-wage jobs: For every job that pays above the low-wage threshold of $15 an hour you have 7 job-seekers. 51.4 million low-wage jobs in U.S.

Source: My Budget 360 The Great Recession has only accelerated deeper structural changes to our economy when it comes to low-wage employment.  While many good paying jobs were lost during
read more

 
%d bloggers like this: