Middle-class jobs fall short: 62% fail to support lifestyle in US

Started by rcjordan, November 03, 2018, 09:12:34 PM

Previous topic - Next topic

rcjordan


ergophobe

QuoteIt costs an average $32,440 a year to rent a one-bedroom apartment in San Francisco, compared with $7,368 in Cedar Rapids.

You'd think I'd stop being surprised by SF housing prices by now.

Quote
30 percent of jobs are "hardship jobs," meaning they don't allow a single adult to make ends meet.
32 percent are "living wage" jobs, enough to get by but not to take vacations, save for retirement or live in a moderately priced home.

So roughly 2/3 of Americans are barely getting by (or not). I'd be curious what the numbers are in Denmark or France... or Mexico for that matter

rcjordan