Almost 80% of US Workers Live from Paycheck to Paycheck. Here’s Why.

The Guardian, July 29, 2018

While the unemployment rate has fallen to 3.8 percent, stagnant wages and “vanishing job benefits,” combined with growing numbers of contract workers without job security and “an army of part-time workers desperate for full-time jobs” create “troubling realities” for American workers, writes Robert Reich, public policy professor at the University of California and former Secretary of Labor under the Clinton administration, in this op-ed. While the economy grows, most of the gains are going to a few top executives, financiers, and inventors and owners of digital devices. At the same time, it’s tougher for workers to join together to form unions.

Read the article at https://www.theguardian.com/commentisfree/2018/jul/29/us-economy-workers-paycheck-robert-reich.