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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%).
The course of the pandemic in India and China will have a substantial effect on changes in the distribution of income at the global level.
Most of the biggest inflation-adjusted wage gains have occurred in metro areas that have directly benefited from the boom in U.S. oil and gas production
in terms of income status, the past four decades have been very good to people working in financial and natural-resources industries or as executives and managers, but not so good for sales workers or people in blue-collar manufacturing jobs.
China and India both succeeded in slashing poverty from 2001 to 2011. But while that contributed to a rapidly growing middle class in China, it did little to increase the number of Indians who could be considered middle income.
Proposed new overtime rules would make nearly 5 million white-collar workers eligible for time-and-a-half – mostly retail and food service managers, office administrators, low-level financial workers and other modestly paid managers and office professionals.
A summary of where Americans stand on ten key issues likely to come up in President Obama’s State of the Union address.
A new report from the World Economic Forum ranks the 10 most important global trends, based on a poll of 1,592 leaders from academia, business, government, and non-profits. Here are some data points that compare and contrast the public’s views around the world with the trends identified by the experts. 1. Rising societal tensions in the Middle […]
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