Released: August 03, 2008

Low wage workers grapple with insecurity

Source: Michael A. Fletcher and Jon Cohen, Washington Post (Free Registration)

Low-wage workers in the United States are gripped by increasing financial insecurity as they inch along an economic tightrope made riskier by pervasive job losses and rising prices. Many struggle to pay for life’s basics - housing, food and health care - and most report having virtually no financial cushion should they stumble.

Still, they remain inspired by the American dream, with most saying they are more apt to move up economically than slip backward even if they are frustrated now. Most also expect better for their children.

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