Can Middle Class Get Ahead?
September 18, 2013 by staff
Can Middle Class Get Ahead?, Jill Fulk, a customer service representative at an insurance company in Greenbelt, Md., has been earning about the same wages since 2006. “I do not feel there is any hope for the true middle class,” she says.
After years of struggling just to make ends meet, many Americans who describe themselves as middle class say they feel like they are barely hanging on, rather than getting ahead.
That’s no surprise, given the years of economic data showing just how hard it has been for many people in the middle of the income spectrum to improve their economic situation.
The latest evidence: The U.S. Census Bureau reported Tuesday that the nation’s real median household income – or the midpoint of American income levels – was essentially unchanged in 2012 at $51,017. That compares with $51,100 in 2011, after adjusting for inflation.
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