America’s Rich Get Richer and the Poor Get Replaced by Robots
“Companies’ use of temporary and part-time employees to cut costs also may be widening the disparity, with wage growth failing to keep up with rising residential and basic-necessity expenses. As the divide grows, hardships increase for the bottom 20 percent. Affordable housing, for example, is in short supply nationwide, forcing workers to find shelter further from their jobs and endure lengthier and costlier commutes. Rental costs rose nationally by 3.9 percent in March from a year earlier, according to the Labor Department.”