Nearly half of Americans are low-income as rising expenses, unemployment shrink middle class

WASHINGTON - Squeezed by rising living costs, a record number of Americans — nearly 1 in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data depict a middle class that's shrinking as unemployment stays high and the government's ...

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• msnbc.com U.S. & World News - Middle-class areas shrink as America ...


Study: 44 percent of families lived in middle-income neighborhoods in 2007, down from 65 percent in 1970