The American middle class is shrinking. According to a report released earlier this year, an estimated 51% of the population was in the middle class at the start of the decade, down from 61% 40 years earlier. It also appears that even as the economy recovers, jobs are being added for low-wage positions much faster. Despite economic growth in the United States, income inequality appears to be worsening nationwide.

Read more: http://tinyurl.com/pyrlwk6