INQUIRER.net: 4 in 5 in US face near-poverty, no work

INQUIRER.net Philippine News for Filipinos

4 in 5 in US face near-poverty, no work Jul 29th 2013, 00:22 WASHINGTON – Four out of five U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.   Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor and the loss of good-paying manufacturing jobs as reasons for the trend.   The findings come as President Barack Obama tries to renew his administration's emphasis on the economy, saying in recent speeches that his highest priority is to "rebuild ladders of opportunity" and reverse income inequality.   Ha... Keep on reading: 4 in 5 in US face near-poverty, no work Media files: poverty-US.jpg (image/jpeg)

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