A new poll finds that workers on the bottom rungs of the economic ladder face job-loss anxiety levels not seen since the 1970s. The vast majority also say they fear their family incomes can’t keep them afloat financially. This is the American economic reality for those not riding the Dow Jones average.
Increasing rents and stagnating or decreasing household income have pushed more families into homelessness, even as overall homeless rates have declined. At the same time, the number of families paying more than half of their income for housing has increased 5.5 percent to 6.5 million.