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How Americans define a middle-class lifestyle — and why they can’t reach it
About 9 in 10 U.S. adults said that six individual indicators of financial security and stability were necessary parts of being middle class
But…
Just over a third of Americans met all six markers of a middle-class lifestyle.
Oof, that's quite a gut-punch of a graph.
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A lasting effect of this pandemic will be a revolution in worker expectations.
As I wrote in the spring, quitting is a concept typically associated with losers and loafers. But this level of quitting is really an expression of optimism that says, We can do better. You may have heard the story that in the golden age of American labor, 20th-century workers stayed in one job for 40 years and retired with a gold watch. But that’s a total myth. The truth is people in the 1960s and ’70s quit their jobs more often than they have in the past 20 years, and the economy was better off for it. Since the 1980s, Americans have quit less, and many have clung to crappy jobs for fear that the safety net wouldn’t support them while they looked for a new one. But Americans seem to be done with sticking it out. And they’re being rewarded for their lack of patience: Wages for low-income workers are rising at their fastest rate since the Great Recession. The Great Resignation is, literally, great.
Obviously you can't live on $300 or $600 a month, but it can enable you from having to be housing insecure, from having your utilities cut off, from actually having a savings account for once in your life, and not having the constant pressure of insecurity.
Mayor Aja Brown, On ‘You and Me Both’ with Hillary Clinton
i feel like a lot of people have become super disillusioned / depressed / jaded about the economy, money, getting a job, the idea of a çareer"", capitalism, working, employmnet and etc. like why even bother trying to get a job or work when you are going to struggle in poverty regardless without any economic security? all too often people look down on the unemployed as like lazy and not trying hard enough or not networking properly or God knows what but i think the real reason is much more complicated than that ://
Legal Update: The New Law Number 4 of 2016 on the Dubai Economic Security Centre – STA Law Firm A new Law aimed at combating dinancial crimes and illegal activities has been issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as Vice President and Pime Minister of the UAE and Ruler of Dubai yesterday.
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Happy Labor Day! Today we celebrate the tremendous gains the labor movement has made for workers’ rights and economic security—and recognize reproductive freedom as central to protecting and building upon that security for women and families across the country.
Gen Z and millennials are still getting financial help from their parents to get by.
The problem of economic security isn’t the fault of Millennial or Gen Z young adults. The problem is that rich people and corporations have sucked up all the wealth and tilted the playing field so hard over the past 50 years that there’s no way for ordinary people to achieve economic security. But at the same time we’re continually bombarded with messages to consume, spend, strive and work hard. It’s no wonder that people are rebelling against capitalist expectations. Sadly, in the US there’s no longer even a tissue of the safety net left to prevent us from falling through the cracks.
In the rest of the world, multi-generational households are common, even where supportive Socialist policies exist to provide security. In the US, we need to destigmatize family support across generations while we right the inequalities we allowed to take over. This Fortune article completely ignores the root causes and proposes a harsh non-solution.
Until the government can make abortion illegal, it's making it unaffordable. Tens of thousands of women who need one can't pay—when that happens, they call this number.
Policies like the Hyde Amendment ensure that abortion is a right in name only for women who cannot afford them.
