poor Australian shareholders. dividends & profits are simply not high enough - vote Liberal to reduce wages, now!
Families With Kids Go Homeless as U.S. Rents Exceed Pay: Economy
By Jeanna Smialek - Oct 19, 2013 12:07 AM GMT+1000
When Montoria Freeland separated from her husband of 15 years in 2008, she left a four-bedroom house and economic security. Before long, her pay and hours as a pharmacy technician were cut and she found herself and her son facing homelessness.
Freeland lived with family for a time, she said, and four months ago moved into transitional housing funded by the city government in Washington, D.C., while searching for work that pays more than her $8.25-an-hour retail job.
Nationally, the average hourly wage among renters is $14.32 this year compared with the $18.79 needed to afford an apartment at a fair-market rent, as defined by the U.S. Department of Housing and Urban Development, without spending more than 30 percent of income on housing, a National Low Income Housing Coalition report found in March. The $4.47 gap this year is wider than the $4.10 differential in 2012.
http://www.bloomberg.com/news/2013-10-18/families-with-kids-go-homeless-as-u-s-rents-exceed-pay-economy.html
- Forums
- General
- wages in australia are simply too high!
wages in australia are simply too high!
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Dr. Steven Gourlay, CEO
Dr. Steven Gourlay
CEO
Previous Video
Next Video
SPONSORED BY The Market Online