Media Pundits Declare That The American Middle Class Is Dead
Media Pundits Declare That The American Middle Class Is Dead by: Off The Grid News
Some observers, including Atlantic writer Caitlin Zaloom, now believe that the American middle class is dead.
Zaloom, in fact, asserts that the work and jobs that define the middle class no longer exist. For instance, Zaloom thinks white-collar professionals in secure corporate or government jobs compose a middle class.
Furthermore, she defines a middle-class job as a white-collar position that pays enough to support a family on one salary. Zaloom maintains that the American middle class is dead because such jobs no longer exist.
The American Middle Class Is Dead: Nurses Drive Uber To Pay The Bills
To illustrate, Uber is currently recruiting teachers and nurses to drive in the San Francisco Bay Area. Uber recruits teachers and nurses because those professionals cannot make enough money at their jobs to pay their rent or mortgage in the Bay Area.
Moreover, the price of the average house in the Bay Area was $935,000 in August 2018, Curbed estimates. Amazingly, that price is down from June 2018 when the average Bay Home was selling for $1.62 million.
In addition, the average apartment in San Francisco is renting for $3,294 a month, Rent Jungle calculates. As a result, middle-class families cannot afford to live in the Bay Area.
The American Middle Class Is Dead, Is Family Life Next?
In particular, Zaloom believes that middle-class jobs and middle-class families go hand-in-hand. However, she thinks those jobs and the families they support no longer exist.
“Stability on the job gave shape to the idealized nuclear family, one that white-collar men and women could imagine anchoring their children’s adulthoods, too,” Zaloom writes.
By and large, the American middle class is dead because job security is dead. For example, 94% of the job growth between 2005 and 2015 consisted of part-time, temporary, or contract work.