The gap in employment rates between America's highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago.
Four out of five U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.
A record number of U.S. counties more than 1 in 3 are now dying off, hit by an aging population and weakened local economies that are spurring young adults to seek jobs and build families elsewhere.
The ranks of America's poor edged up last year to a high of 49.7 million, based on a new census measure that takes into account medical costs and work-related expenses.
Younger Americans in their late 30s are now the group most likely to doubt they will be financially secure after retirement; no longer are baby boomers the most unsure.
The post office will hit a new low in cash next month but can avert immediate bankruptcy due to a series of retirement incentives, which saved $2 billion last year.
Americans are on the move again after putting their lives on hold and staying put. More young adults are leaving their parents' homes to take a chance with college or the job market, while once-sharp declines in births are leveling off and poverty is slowing.
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{
"uri": "/2013/11/14/u-s-mobility-for-young-adults-falls-to-50-year-low/",
"title": "U.S. mobility for young adults falls to 50-year low",
"byline": " Hope Yen ",
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"prettyDate": "November 14, 2013",
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"summary": "The new 2013 figures from the Census Bureau underscore the impact of the sluggish economy on young people.",
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{
"uri": "/2013/11/06/medical-costs-help-drive-up-nations-poor-to-unoffi/",
"title": "Medical costs help drive up nation's poor to 'unofficial' 49.7M",
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"prettyDate": "November 06, 2013",
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"summary": "The latest numbers come as more working-age adults picked up low-wage jobs in the slowly improving economy but still struggled to pay living expenses.",
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},
{
"uri": "/2013/09/17/poverty-uninsured-rates-stalled-out/",
"title": "Poverty, uninsured rates stalled out",
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"prettyDate": "September 17, 2013",
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"summary": "The Census Bureau reports the number of Americans in poverty stood at 15 percent in 2012.",
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{
"uri": "/2013/09/16/jobless-gap-between-rich-poor-widest-ever/",
"title": "Jobless gap between rich, poor widest ever",
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"summary": "The gap in employment rates between America's highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago.",
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},
{
"uri": "/2013/07/30/joblessness-poverty-to-strike-4-out-of-5/",
"title": "Joblessness, poverty to strike 4 out of 5",
"byline": "Hope Yen",
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"summary": "Four out of five U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.",
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{
"uri": "/2013/03/14/census-shows-record-number-of-counties-dying/",
"title": "Census shows record number of counties dying",
"byline": "Hope Yen",
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"prettyDate": "March 14, 2013",
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"summary": "A record number of U.S. counties more than 1 in 3 are now dying off, hit by an aging population and weakened local economies that are spurring young adults to seek jobs and build families elsewhere.",
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{
"uri": "/2012/11/14/new-gauge-shows-49-7-million-american-poor/",
"title": "New gauge shows 49.7 million American poor",
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"prettyDate": "November 14, 2012",
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"summary": "The ranks of America's poor edged up last year to a high of 49.7 million, based on a new census measure that takes into account medical costs and work-related expenses.",
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},
{
"uri": "/2012/10/22/retirement-worries-grow-30-somethings-most-uneasy/",
"title": "Retirement worries grow; 30-somethings most uneasy",
"byline": "Hope Yen",
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"prettyDate": "October 22, 2012",
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"summary": "Younger Americans in their late 30s are now the group most likely to doubt they will be financially secure after retirement; no longer are baby boomers the most unsure.",
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},
{
"uri": "/2012/09/28/us-postal-service-to-default-on-second-5-billion/",
"title": "US Postal Service to default on second $5 billion",
"byline": "Hope Yen",
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"summary": "The post office will hit a new low in cash next month but can avert immediate bankruptcy due to a series of retirement incentives, which saved $2 billion last year.",
"body": null
},
{
"uri": "/2012/09/20/census-data-another-sign-economys-hit-bottom/",
"title": "Census data another sign economy’s hit bottom",
"byline": "Hope Yen",
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"prettyDate": "September 20, 2012",
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"summary": "Americans are on the move again after putting their lives on hold and staying put. More young adults are leaving their parents' homes to take a chance with college or the job market, while once-sharp declines in births are leveling off and poverty is slowing.",
"body": null
}
]
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