by Tom Gallagher
A new report on the working poor is extraordinarily troubling.
The new report, released by the Working Poor Families Project, should give all of us serious pause, especially during this Christmas season.
The Huffington Post reports:
Almost a third of America's working families are now considered low-income, earning less than twice the official poverty threshold, according to a report released Tuesday by the Working Poor Families Project. The recession, which has incited layoffs and wage cuts, reversed a period of improvement: Between 2007 and 2009, as the recession set in, the percentage of U.S. working families classified as low-income grew from 28 percent to more than 30 percent.
Workers who once focused on career advancement now live paycheck to paycheck. The American middle class, in effect, is eroding.
