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Income gap widens as American factories shut down

 
Income gap widens as American factories shut down
Posted Monday, June 16th 2014 @ 11am

(AP) - For decades, American manufacturing was a surefire path to the middle class, especially for workers without college degrees.

No more.

Globalization, automation and recession destroyed nearly 6 million manufacturing jobs between 2000 and 2009, casting many displaced workers out of the middle class and, consequently, widening the income gap between the rich and everyone else.

Laid-off factory workers often find their skills outdated or no longer in demand, forcing them into lower-paying, lifestyle-crimping jobs in retail, warehousing, food service, health care and other fields.

That has played out in Reading, an old Pennsylvania manufacturing hub where factories once made everything from hats to hardware.

Photo Credit Getty Images

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