Report: 80 percent of adults in the U.S. face near-poverty and joblessness
While laying out his second-term agenda to address growing income inequality in the United States, President Obama has also been quick to note that the economy is “far stronger” than it was four years ago. But a recent survey released to the Associated Press is a stark reminder that millions of Americans continue to struggle with poverty and joblessness during this uneven period of recovery.
According to the data, 4 out of 5 adults will struggle with unemployment, hover near the poverty line, or rely on welfare for at least parts of their lives. The survey also revealed that race disparities in the poverty rate have narrowed substantially since the 1970s, and that pessimism about economic opportunity has reached the highest point since 1987.
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