Apr 6 2016

Mancession: Men lost 2 times more jobs than women from the Great Recession and have gained half as many jobs since late 2007.

It should be clear that the Great Recession took a toll on most people.  This is reflected in household incomes and savings.  But one thing that is abundantly clear is that the Great Recession took a massive toll on male employment at a rate twice that of females.  We’ll get into the charts and figures […]

Mar 30 2016

1 out of 3 American households can no longer afford rent, food, and transportation. The biggest rise in expenditures comes from rising housing costs.

The driving force in this political movement is anger and many American families need only look at their bank statements to understand why.  Since 2004 median income has fallen by 13% while expenditures have risen by 14% according to latest figures pulled by Pew Research.  That strikes at the heart of why the middle class […]

Feb 7 2016

Low wage recovery highlighted by 7 out of 10 jobs added in January coming from minimum wage waiters and temporary retail workers.

The unemployment rate fell below the 5 percent mark for the first time since the Great Recession wrecked havoc on the economy.  This is good news right?  Well the stock market didn’t think so for a couple of reasons.  First, this adds more fuel to pushing interest rates higher (a big expense on the $19 […]

Jan 15 2016

What is a middle class income in America? A lot less than you think and Americans are getting poorer by the day.

Questions around being middle class are coming up a lot in the last few years.  This inquiry is coming up because people are grasping at straws trying to maintain a quality of life that reflects a middle class lifestyle but many have incomes that simply do not support their spending.  Americans are set to become […]

Jan 7 2016

Americans are about to get poorer in 2016 as the wealth effect reverses: 63 percent of Americans have no emergency savings.

The year is off to a tumultuous start.  Markets around the globe are quickly realizing that hot money is going to hit a wall at some point.  Many Americans are coming to the stark realization that the recession that ended in 2009 never really ended for the middle class.  In fact, it might have been […]

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