Are you in the global middle class? Find out with our income calculator
17% of the global population could be considered middle income in 2020. Most people were either low income (51%) or poor (10%).
Numbers, Facts and Trends Shaping Your World
17% of the global population could be considered middle income in 2020. Most people were either low income (51%) or poor (10%).
Despite an uptick in positive views of the economy in some places, many say that children will be worse off financially than their parents.
The food stamp program is one of the larger federal social welfare initiatives, and in its current form has been around for nearly six decades.
Despite some broad federal guidelines, claimants still face a hodgepodge of different state rules governing how they can qualify for benefits.
As part of a new study, Pew Research Center designed income calculators to help you determine where you fit on the income ladder in Western Europe.
The improvement in the public’s economic mood has been dramatic in some nations, but pessimism about the future lingers, as does a sense that economic conditions were better pre-crisis.
The fortunes of the middle classes across Western Europe are moving in different directions. Some nations are experiencing both growing incomes and expanding middle classes, while other nations are witness to stagnant or declining incomes and shrinking middle classes, a new Pew Research Center analysis of 11 Western European countries has found. But in a few other countries studied, the middle-class shares are decreasing even as incomes overall are rising.
Tax burdens in the U.S. are lower than most of its developed-nation peers – in some cases, well below.
The official poverty rate last year was close to its pre-Great Recession level, but the share of the U.S. poor in severe poverty increased.
In the U.S., the racial and ethnic wealth gap has evolved differently for families at different income levels since the Great Recession.
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