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The Middle Class Is Collapsing: Nearly 1 In 4 Americans Is Now “Functionally Unemployed”

Do you ever feel like you are “functionally unemployed”?  If so, you are definitely not alone.  There are lots of people out there that cannot pay the bills each month even though they have jobs.  In fact, there are lots of people out there that literally cannot afford to put a roof over their heads even though they are employed.  Yes, there are many hard working Americans that are now living in their vehicles or in “tent communities” because that is all they can afford.  In recent years, the cost of living has been rising much faster than paychecks have, and so now a substantial percentage of the population is living in a state of constant financial stress.  The middle class has been collapsing all around us, and we are witnessing an extraordinary amount of economic suffering all over the country right now.

For years, the federal government has been telling us that the unemployment rate in the U.S. is very low.

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3 thoughts on “The Middle Class Is Collapsing: Nearly 1 In 4 Americans Is Now “Functionally Unemployed””

  1. Yet some of you readers out there are still anti-union. The door for working class people to ever get for a chance to earn a living wage with a 40 hour work week is through organizing. Wake up people, organize and stick together. It’s the only way to get our fair share of the wealth from the greedy corporations that are putting us into poverty. Without labor they have nothing.

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