Analysis: Most U.S. Jobs Don't Pay Enough To Sustain Middle-Class Life - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
October 30, 2018 Newswires
Share
Share
Post
Email

Analysis: Most U.S. Jobs Don’t Pay Enough To Sustain Middle-Class Life

UPI Top Stories

A national think tank measuring U.S. job opportunities said in a report Tuesday most jobs do not pay enough to afford a middle- or upper-class life.

The study, which ranked America's 204 largest metropolitan areas, found just 38 percent of jobs pay enough for middle- or upper-class lifestyles for households with two incomes and children.

Of the remaining 62 percent, the report said 32 percent pay a living-wage and 30 percent pay a "hardship" wage, defined as an income lower than what a single adult needs to afford basic necessities.

Third Way said in its report three of four key battleground states President Donald Trump won in 2016 -- Michigan, Pennsylvania and Florida -- struggled to provide enough middle- and upper-class opportunity.

The fourth state, Wisconsin, ranked relatively high on the list -- with 43 percent of middle- to high-class jobs. Minnesota and Iowa also ranked in the top 20.

In Rochester, Minn., the report's No. 1 area for job opportunity, 45 percent of jobs are considered middle-class or better, and its employment to population ratio was 84.6 percent, the third highest in the country.

Researchers found that some top-ranking areas are near large medical clinics. Rochester is close to the Mayo Clinic, and Cleveland is near the Cleveland Clinic. Other areas ranked highly are Raleigh-Durham, N.C., and Madison, Wis.

Salinas, Calif., was ranked among the bottom 12 metropolitan areas because of high cost of living.

The lack of jobs paying $44,820 or more annually persist, even though the unemployment rate has reached a 50-year low of 3.7 percent, USA Today reported.

"There's an opportunity crisis in the country," said Jim Kessler, vice president of policy for Third Way and editor of the report. "It explains some of the economic uneasiness and, frankly, the political uneasiness."

Older

United Security Health and Casualty Insurance Company Obtains State Approval to Offer Its Road Warrior Auto Product in the State of Arkansas

Newer

Legislative District 28B: Davids — Trehus

Advisor News

  • Advisors must lead the policy risk conversation
  • Gen X more anxious than baby boomers about retirement
  • Taxing trend: How the OBBBA is breaking the standard deduction reliance
  • Why advisors can’t afford to delay succession planning
  • 6 in 10 Americans struggle with financial decisions
More Advisor News

Annuity News

  • CT commissioner: 70% of policyholders covered in PHL liquidation plan
  • ‘I get confused:’ Regulators ponder increasing illustration complexities
  • Three ways the Corebridge/Equitable merger could shake up the annuity market
  • Corebridge, Equitable merge to create potential new annuity sales king
  • LIMRA: Final retail annuity sales total $464.1 billion in 2025
More Annuity News

Health/Employee Benefits News

  • Select Board starts process to shift to new health insurance provider
  • Advocates call for hearing about Geisinger-Risant insurance condition change request
  • Tucson Speaks Out: April 5
  • El Rio taps experienced leader to oversee transition from North Country HealthCare to Elk Ridge
  • Red ink at Minnesota Blue Cross spells more Medicare Advantage troubles ahead
More Health/Employee Benefits News

Life Insurance News

  • WHAT THEY ARE SAYING: KATHLEEN COULOMBE JOINS ACU AS CHIEF ADVOCACY OFFICER
  • A-CAP Appoints Kirk Cullimore as President of Sentinel Security Life
  • Nationwide enters centennial year stronger than ever
  • AM Best Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries
  • AM Best Affirms Credit Ratings of CMB Wing Lung Insurance Company Limited
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Protectors Vegas Arrives Nov 9th - 11th
1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.

An FIA Cap That Stays Locked
CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.

Aim higher with Ascend annuities
Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Leveraging Underwriting Innovations
See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.

Press Releases

  • RFP #T01525
  • RFP #T01725
  • Insurate expands workers’ comp into: CA, FL, LA, NC, NJ, PA, VA
  • LifeSecure Insurance Company Announces Retirement of Brian Vestergaard, Additions to Executive Leadership
  • RFP #T02226
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet