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Monday, April 14, 2014

Goodbye Middle Class: 62 Percent Of Americans Earn $20 Or Less Per Hour

http://wealthydebates.com/goodbye-middle-class-62-percent-americans-earn-20-less-per-hour/

Most of the new jobs added since the Great Recession ended have come in the low-wage segment of our economy which seems to be adding the bulk of employment.  These are certainly interesting times that we live in.  The US has close to 130 million jobs.  18 million jobs pay less than $10 an hour and 63 million pay between $10 and $20.  These two segments makeup 81 million jobs so it is understandable why the two income household is more of a necessity rather than a luxury.

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