Middle Class Jobs Increasingly Out of Reach
February 29, 2008
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February 29, 2008 – Roughly one in five Americans in working families are lacking the resources and budget to attain a middle class standard of living, according to a report from the Center for Economic and Policy Research (CEPR).
Movin’ On Up: Reforming America’s Social Contract to Provide a Bridge to the Middle Class also concludes that only one in four people in working families have a “good job”, which is described as a job that contains decent wages, offers employer-sponsored health insurance and offers an employer-sponsored retirement plan. Furthermore, nearly 30 percent of jobs met none of the criteria CEPR used to classify as a “good job”.
Read more from the report here.
