Americans’ declining economic mobility is reflected yet again in fewer moves into new houses and apartments

Despite a long recovery and record streak of job growth, the share of Americans moving to a new location continued a steady decline in 2017, reaching a new post-World War II low, an indicator of a less mobile workforce that reflects both an aging society and economic problems facing younger workers. The decline marked the fifth… Please follow and like us:

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U.N. Official Shocked at Poverty In Rural Alabama

A United Nations official investigating poverty in the United States was shocked at the level of environmental degradation in some areas of rural Alabama, saying he had never seen anything like it in the developed world. “I think it’s very uncommon in the First World. This is not a sight that one normally sees. I’d have… Please follow and like us:

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American households finally earn more than they did in 1999

WASHINGTON — A long, plodding period of economic growth has finally generated enough gains for the average American household to surpass the income level it enjoyed two decades ago. The median household income in the U.S. rose to $59,039 last year, up 3.2 percent after adjusting for inflation, the Census Bureau reported Tuesday. That marked the… Please follow and like us:

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