Getting Poorer While Working Harder: The ‘Cliff Effect’

United States (Conversation) – Forty percent of all working-age Americans sometimes struggle to pay their monthly bills. There is no place in the country where a family supported by one minimum-wage worker with a full-time job can live and afford a 2-bedroom apartment at the average fair-market rent. Given the pressure to earn enough to make ends meet, you would think that low-paid workers would be clamoring for raises. But this is not always the case. Because so many American jobs don’t earn enough to pay for food, housing and…

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