Election 2012: A Milestone En Route to Becoming a Majority Minority Nation
The minority groups that carried President Obama to victory yesterday by giving him 80% of their votes are on track to become a majority of the nation’s population by 2050. They currently make up 37% of the population, and they cast a record 28% of the votes in the 2012 presidential election.
Record Shares of Young Adults Have Finished Both High School and College
In 2012, for the first time ever, one-third of the nation’s 25 to 29-year-olds have completed at least a bachelor’s degree. College completion is also now at record levels among key demographic groups.
More Americans Worry about Financing Retirement
Despite a slowly improving economy, about four-in-ten adults (38%) say they are not confident that they will have enough income and assets for their retirement, up from 25% at the end of the Great Recession in 2009.
A Record One-in-Five Households Now Owe Student Loan Debt
Student debt has increased in nearly every demographic and economic category since 2007, as has the size of that debt. The burden of student debt is greatest for the young and the poor.
Where the Public Stands on Government Assistance, Taxes and the Presidential Candidates
When the national conversation focuses on class, the social safety net and the distribution of wealth as it has in the past week, the public sees clear differences between Barack Obama and Mitt Romney, and Obama has an overall advantage.
A Recovery No Better than the Recession
The median income of American households decreased by as much in the two years after the official end of the Great Recession as it did during the recession itself. The current recovery is the worst for household income for any post-recession period in decades.
A Third of Americans Now Say They Are in the Lower Classes
The percentage of Americans who say they are in the lower-middle or lower class has risen from a quarter of the adult population to about a third in the past four years, according to a national survey of 2,508 adults by the Pew Research Center.
Public Says a Secure Job is Ticket to the Middle Class
Americans believe that having a secure job is by far the most important requirement for being in the middle class, easily trumping homeownership and a college education, according to a new nationwide Pew Research Center survey of 2,508 adults.
Yes, the Rich Are Different
As Republicans gather for their national convention in Tampa to nominate a presidential candidate known, in part, as a wealthy businessman, a new nationwide Pew Research Center survey finds that many Americans believe the rich are different than other people.
The Lost Decade of the Middle Class
As the 2012 presidential candidates prepare their closing arguments to America’s middle class, they are courting a group that has endured a lost decade for economic well-being. Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some – but by no means all – of its characteristic faith in the future.