When The American Dream Started Requiring Two Incomes скачать в хорошем качестве

When The American Dream Started Requiring Two Incomes

Many Americans struggle to make ends meet even with two incomes but it wasn’t always this way. For a lot of the 20th century, a single income could support a middle-class lifestyle for certain workers. Historians and economists have traced the rise of dual-income households to long-term shifts in the U.S. economy. The majority of six-figure earners say living on one income feels nearly impossible, according to a recent Harris Poll. Meanwhile, Bank of America Institute data shows 26% of U.S. households spend more than 90% of their income on basic needs. While rising costs for childcare, housing, and education are part of the equation, historians and economists point to deeper structural changes in the labor market, including wage stagnation and the expansion of gig and temporary work, as key forces reshaping what it takes to afford a middle-class lifestyle. Watch the video above to learn more about how economic change has redefined what it takes to support a family today. Chapters: 0:00 Introduction 1:52 Worker protections 3:25 The rise of insecure work 7:01 Today’s household math Produced by Charlotte Morabito Edited by Andrea Miller Animation Jason Reginato, Emily Park, Mithra Krishnan Senior Director of Video Lindsey Jacobson Additional Footage Getty Images » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to level up your AI skills? Sign up for Smarter by CNBC Make It's new online course, How To Use AI To Communicate Better At Work. Get specific prompts to optimize emails, memos and presentations for tone, context and audience. Sign up today: https://cnb.cx/47ELu8O Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Why One Income No Longer Pays For The American Dream