Middle-class income rose to the highest recorded levels in 2017 and the national poverty rate declined as the benefits of the strong economy lifted the fortunes of more Americans, the U.S. Census reported Wednesday. The median U.S. household earned $61,372 last year, meaning half of the families in the country brought in more income than […]
Middle-Class Income Rose Above $61k for the First Time…
IRS Data: American Dream Evaporates, Amid Mass Immigration, Automation…
The probability of American children earning as much as their parents has plunged from 92 percent down to 50 percent during the last seven decades, according to a new study of tax data and the shrinking American Dream of upward mobility…
A Message to Working People From a Former Labor Secretary…
Your typical wage is below what it was in the late 1970s, in terms of what it can buy. Two-thirds of you are living paycheck to paycheck. Almost 30 percent of you don’t have steady employment…