‘Working Poor’ Have Slim Chances Of Enjoying Middle-Class Life Style LaborTalk By Harry Kelber
Millions of workers are trapped in dead-end, full-time jobs that pay them poverty wages and almost no benefits. Even if the economy improves appreciably, most of them will never attain their “dream” of a middle-class life style. The irony is that, in a globalized economy, many are in danger of losing even their miserable jobs in competition with foreign workers from low-wage countries and needy immigrant workers here at home.
About one in four of the nation’s workforce — more than 28 million workers — have to accept an hourly rate of under $9 an hour, which, for a full 40 hour workweek, amounts to an annual salary of $18,000, the federal poverty line for a family of four. According to the Census Bureau, 63% of U.S. families below the poverty line have one or more low-wage workers.