The State of the Asian American Middle Class
The share of Asian Americans in the U.S. middle class has held steady since 2010, while the share in the upper-income tier has grown.
Numbers, Facts and Trends Shaping Your World
The share of Asian Americans in the U.S. middle class has held steady since 2010, while the share in the upper-income tier has grown.
As the financial divide has grown, a smaller share of Americans now live in middle-class households. Here are key facts about this group.
About one-in-four Black households and one-in-seven Hispanic households had no wealth or were in debt in 2021, compared with about one-in-ten U.S. households overall.
In 2022, 19% of American workers were in jobs that are the most exposed to artificial intelligence, in which the most important activities may be either replaced or assisted by AI. Women, Asian, college-educated and higher-paid workers have more exposure to AI, but workers in the most exposed industries are more likely to say AI will help more than hurt them personally.
The overall gain in income among Latino workers is driven by a rise in the share of higher-income immigrants who have lived in the U.S. for more years. Yet the incomes of U.S.-born Latinos are still less than since the recession began.
About six-in-ten U.S. adults say there’s too much economic inequality in the country these days, and among that group, most say addressing it requires significant changes to the country’s economic system, according to a new Pew Research Center survey.
The gap in the standard of living between Asians near the top and the bottom of the income ladder nearly doubled from 1970 to
2016. Amid rising inequality overall, Asians displaced blacks as the most economically divided major U.S. racial or ethnic group.
For the first time in nearly two decades, immigrants do not account for the majority of Hispanic workers in the United States. And most of the job gains made by Hispanics during the economic recovery have gone to U.S.-born workers.
Hispanics and Asians are gaining jobs at a faster rate in the economic recovery than are blacks and whites, immigrants are outpacing the native born, and men are faring better than women.
Hispanics and Asians are gaining jobs at a faster rate in the economic recovery than are blacks and whites, immigrants are outpacing the native born, and men are faring better than women.
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