News & U.S. Politics

The Middle Class Is Collapsing: Nearly 1 Out Of Every 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.

The post The Middle Class Is Collapsing: Nearly 1 Out Of Every 4 Americans Is Now “Functionally Unemployed” was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.

Related Articles

Back to top button