San Diego Free Press, 9/21/12 | Read the original article |
By Doug Porter
An analysis released yesterday by the Center for Policy Initiatives based on recently released census data shows more than a third of San Diego County residents are living with economic hardships. The report says that across most industries in San Diego County, the spending power of the average paycheck is dropping, with inflation-adjusted earnings decreasing in 10 of the region’s 15 largest industries, compared to 2007, and more people falling into poverty in last year.
“Too many working people are living in poverty, and middle-class families are falling behind as their buying power shrinks,” said Corinne Wilson, lead researcher on the CPI analysis, in a press release issued by that organization. “It’s time our local industries take responsibility for providing good wages that give their employees a decent quality of life.”
Among other key findings: