The Plight Of The Middle Class In The Post-Recession Job Market (Diane Rehm Show)

The U.S. middle class is no longer the world’s richest. Recent analysis shows that while wealthy Americans still outpace their peers in other advanced countries, our middle class is falling behind. That news comes at a time when nearly 40 percent of our nation’s unemployed have been out of work for six months or more. And a federal minimum wage law -- which many say would indirectly benefit higher wage earners -- has stalled. Some economists believe once the U.S. economy takes off again, the middle class will make a recovery. But others are not as optimistic. Diane and her guests discuss the plight of the middle class in a post-recession job market.
 

Interview:

http://thedianerehmshow.org/shows/2014-05-01/plight-middle-class-post-recession-job-market