US hourly workers struggle to meet living costs

World Today

Many economists say stagnant wages remain a serious concern in America, putting a damper on the economic recovery. CCTV America’s Hendrik Sybrandy filed this report from the U.S. state of Colorado.
Follow Hendrik Sybrandy on Twitter @hsybrandy

US hourly workers struggle to meet living costs

US hourly workers struggle to meet living costs

Many economists say stagnant wages remain a serious concern in America, putting a damper on the economic recovery.CCTV America's Hendrik Sybrandy filed this report from the U.S. state of Colorado.

More details:

  • The May jobs report indicates hourly wages in the U.S. rose 0.3 percent last month, a better result than the 0.1 percent uptick back in April.
  • 14 percent of the Food Bank’s customers are homeless. Most of those you see here have jobs, but they say their expenses exceed their take-home pay.
  • According to the Colorado Fiscal Institute, a fast-food worker would need to work 62 hours a week to afford to live in Denver.