The bottom line
Working families continue to struggle; The least-trusted industries; The bestselling vehicle; Mobil device use triples; Global unemployment among the young
Working families continue to struggle
The ranks of the “working poor” are growing even as the recovering economy creates more jobs. Nearly a third of working families earn less than twice the poverty threshold—that comes to $45,622 for a family of four—and have to struggle to pay for basic needs.
The Washington Post
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.
Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.
The least-trusted industries
A new poll found that financial services and banks were the “least-trusted industries” of 2012. Only 46 percent of Americans said they trusted the financial services industry, but that’s an improvement over 2011, when only 25 percent of survey takers said they trusted bankers and financiers.
Los Angeles Times
The bestselling vehicles
A free daily email with the day’s biggest news and analysis – and the best features from TheWeek.com
The hybrid Toyota Prius was the bestselling car in California last year, surpassing the Honda Civic for the first time. The bestselling vehicle nationwide is Ford’s F-series pickup truck.
USA Today
Mobil device use triples
The use of mobile devices has tripled since 2009, largely thanks to mobile apps. U.S. smartphone owners are estimated to spend an average of 127 minutes a day using mobile apps.
BusinessInsider.com
Global unemployment among the young
Almost 74 million young people are unemployed globally, and the U.N. expects another half million next year. More than a third of young people without jobs today have been without work for more than six months, leading many discouraged youths to leave the labor market altogether.
The Globe and Mail (Canada)
Vanishing sick day benefits
Almost a third of the nation’s workers can’t take sick days when they fall ill. While 80 percent of full-time employees get paid sick days, only 25 percent of part-timers do.
CNNMoney.com