Wednesday, July 19, 2017
Working...
The working poor are working people whose incomes fall below a given poverty line. Depending on how one defines "working" and "poverty," someone may or may not be counted as part of the working poor.
A significant proportion of the poor are actually employed. Largely because they are earning such low wages, the working poor face numerous obstacles that make it difficult for many of them to find and keep a job, save up money, and maintain a sense of self-worth.
Many social scientists argue that the official rate is set too low, and that the proportion of workers facing significant financial hardship has increased over the years.
Changes in the economy, especially the shift from a manufacturing-based to a service-based economy, have resulted in the polarization of the labor market, with more jobs at the top and the bottom, but fewer in the middle.[4]
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