US Standard of Living Whithering

A quarter of Americans are having trouble finding medical care and/or paying their rents and mortgages. 70% have had job- or finance-related problems in the last year. Of workers, a quarter expect to take a forced pay cut this year, and another quarter expect to lose their jobs within a year. 85% of Americans are having trouble finding jobs in their community. 44% of American workers are long term unemployed.

Or so says the Pew Research Center report, “A Year or More: The High Cost of Long-Term Unemployment”.

An interesting article about these numbers: Collapse of the Standard of Living in the USA.