Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Danger! Falling middle-class incomes

Incomes for 90% of Americans barely budging since the '80s, and fallen over the last few years. Here are some who have seen their earnings drop.

1 of 6
BACKNEXT
Gay Pinder
Hometown: Baltimore, Md.

During the recession, I was let go from my job at a non-profit in Washington, DC. After being out of work for 19 months, I got a job as a media relations specialist for my alma mater, Towson University. Now, I make $15,000 a year less.

I like this job much better than the one that paid more, but that said, there are trade offs. The "American Dream" of being a homeowner has become the quintessential American struggle. I'm a single woman and I own my home. But it was purchased with a certain salary, and I still have to pay the mortgage.

My savings are gone, my retirement I've gone through. I took part-time jobs over the Christmas season, working at Macy's for $7 an hour.

I consider myself lucky to have a job at all, but come on, this is ridiculous. I have a master's degree. I'm an experienced worker. This isn't how it's supposed to be.


NEXT: John Riley
Last updated February 18 2011: 8:13 AM ET
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.62%3.69%
15 yr fixed2.77%2.80%
5/1 ARM3.12%3.07%
30 yr refi3.61%3.69%
15 yr refi2.76%2.83%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
More Galleries
Here's what costs more than a barrel of oil Oil prices have crashed to below $27 a gallon -- a level not seen since 2003 -- which makes a barrel of crude cheaper than lots of everyday purchases that we don't think twice about. More
Super Bowl 50 ads are studded with celebrities The 2016 Super Bowl has rolled out the red carpet for the likes of Helen Mirren, Amy Schumer, Seth Rogen, Steven Tyler and the late, great Marilyn Monroe. More
The women of marijuana These women entrepreneurs and executives are making their mark in the marijuana industry. More

Special Offer