No Jobs, No Hope, No Future: 27 Signs That America’s Poverty Class Is Rapidly Becoming Larger Than America’s Middle Class
The following are 27 signs that America's poverty class is rapidly becoming larger than America's middle class....
#1 Only 47 percent of working-age Americans have a full-time job at this point.
#2 One out of every six elderly Americans now lives below the federal poverty line.
#3 In America today, 8.9 million people are working part-time jobs for "economic reasons".
#4 During the last school year, almost half of all school children in the state of Illinois came from families that were considered to be "low-income".
#5 In 2010, more Americans than ever before were living below the official federal poverty line.
#6 The number of net jobs gained by the U.S. economy during this past decade was smaller than during any other decade since World War 2.
#7 The Bureau of Labor Statistics originally predicted that the U.S. economy would create approximately 22 million jobs during the decade of the 2000s, but it turns out that the U.S. economy only produced about 7 million jobs during that time period.
#8 108.6 million Americans are either unemployed, underemployed or considered to be "not in the labor force".
#9 The United States now has 10 percent fewer "middle class jobs" than it did just ten years ago.
#10 The number of Americans that have become so discouraged that they have given up searching for work completely now stands at an all-time high.
#11 Back in 1970, 25 percent of all jobs in the United States were manufacturing jobs. Today, only 9 percent of the jobs in the United States are manufacturing jobs.
#12 According to the U.S. Conference of Mayors, visits to soup kitchens are up 24 percent over the past year.
#13 Approximately 5 million U.S. homeowners are now at least two months behind on their mortgage payments.
#14 The number of Americans filing for bankruptcy rose another 9 percent in 2010.
#15 In 2009, total wages, median wages, and average wages all declined in the United States.
#16 According to a survey released very close to the end of 2010, 55 percent of all Americans are now living paycheck to paycheck.
#17 Half of all American workers now earn $505 or less per week.
#18 The number of Americans on food stamps set a new all-time record every single month during 2010, and now well over 43 million Americans are enrolled in the program.
#19 Even in our nation's capital stunningly large numbers of Americans are suffering in desperate poverty. Today, 21.5 percent of the population of Washington D.C. is on food stamps.
#20 It now takes the average unemployed American over 33 weeks to find a job.
#21 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.
#22 The number of American families that were booted out of their homes and into the streets set a new all-time record in 2010.
#23 Some formerly great industrial cities are rapidly turning into ghost towns. For example, in Dayton, Ohio today 18.9 percent of all houses are now standing empty.
#24 Ten years ago, the "employment rate" in the United States was about 64%. Since then it has been constantly declining and now the "employment rate" in the United States is only about 58%. So where did all of those jobs go?
#25 A recent study by a law professor from the University of Michigan found that Americans that are 55 years of age or older now account for 20 percent of all bankruptcies in the United States. Back in 2001, they only accounted for 12 percent of all bankruptcies. It is getting really, really hard to live on a fixed income in the United States.
#26 In the United States today, there are over 6 million Americans that have been unemployed for half a year or longer.
#27 One out of every six Americans is now enrolled in at least one anti-poverty program run by the federal government.
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