A Global Middle Class Is More Promise than Reality
The first decade of this century witnessed an historic reduction in global poverty and a near doubling of the number of people who could be considered middle income. But the emergence of a truly global middle class is still far from fruition.
6 key takeaways about the world’s emerging middle class
During the first decade of this century, the world experienced a dramatic drop in the number of people living in poverty and a significant rise in the number who could be considered middle income, but the majority of the global population remains low income.
In greater Dallas area, segregation by income and race
Income segregation has increased over the past 30 years in 27 of the 30 largest U.S. metro areas. There were clear divisions between low-income and middle- and upper-income areas, as well as along racial lines.
Opinions on expanding access to experimental drugs differ by race, income
Generally, higher-income adults and college degree earners are more likely than others to favor greater availability, and African-Americans are significantly less supportive of the idea.
America’s ‘middle’ holds its ground after the Great Recession
The share of Americans who live in middle-income households has held steady since 2010 – a flat trend that might actually be good news.
America’s wealth gap between middle-income and upper-income families is widest on record
The gap between America’s upper-income and middle-income families has reached its highest level on record. In 2013, the median wealth of the nation’s upper-income families ($639,400) was nearly seven times the median wealth of middle-income families ($96,500).
Americans have dim view of trade’s impact on jobs and wages
While 68% of Americans say trade is good for the country, they hold starkly different views than people in other countries around the world when it comes to the supposed benefits of international commerce: job creation and higher wages.
Chart of the Week: Do firefighters or musicians have richer parents?
How people’s incomes and jobs as adults compare with the households they grew up in.
Minimum wage hasn’t been enough to lift most out of poverty for decades
The current federal minimum wage falls below the poverty threshold for most households. A new CBO report says raising the minimum will increase income for millions of low-wage workers but cost thousands their jobs.
Interactive: Technology Use and National Income
Technology usage is strongly correlated with national income across the countries surveyed.