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
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 fixed3.93%3.87%
15 yr fixed2.99%3.03%
5/1 ARM3.27%3.20%
30 yr refi4.03%3.93%
15 yr refi3.08%3.07%
Rate data provided
by Bankrate.com
View rates in your area
Find personalized rates:
More Galleries
Driving the ultimate in '50s Mercedes-Benz style The SC was the car that re-introduced Mercedes-Benz as a global luxury car icon. More
Driving the world's first car Driving a replica of the 1886 Benz Patent Motorwagen, the first internal combustion automobile. More
Your guide to Cyber Monday sales This year, more Cyber Monday sales than ever start well before Monday. Here's where to shop if you don't get your fill on Black Friday. More

Special Offer