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Search results for: “middle class”


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    Methodology

    Survey methodology Most of the analysis in this report is based on telephone interviews conducted Feb. 29 to May 8, 2016, among a national sample of 3,769 adults, 18 years of age or older, living in all 50 U.S. states and the District of Columbia (977 respondents were interviewed on a landline telephone, and 2,792 […]

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    1. The hollowing of the American middle class

    The share of the American adult population that is middle income is falling, and rising shares are living in economic tiers above and below the middle. The hollowing of the middle has proceeded steadily for four decades, and it may have reached a tipping point. Once in the clear majority, adults in middle-income households (based […]

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    The American Middle Class Is Losing Ground

    After more than four decades of serving as the nation’s economic majority, the U.S. middle class is now matched in size by those in the economic tiers above and below it.

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    4. Skills and training needed to compete in today’s economy

    There is a widespread feeling among U.S. adults that the workplace is evolving and they will have to continually update their skills and training in order to succeed in a career. A narrow majority (54%) of adults who are currently in the labor force say that it will be essential for them to get training […]

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    Appendix A: References

    Abel, Jaison R., and Richard Deitz. 2014. “Do the Benefits of College Still Outweigh the Costs?” Current Issues in Economics and Finance, Federal Reserve Bank of New York, Vol. 20, No. 3. Anderson, Monica. 2015. “A Rising Share of the U.S. Black Population Is Foreign Born: 9 Percent Are Immigrants; and While Most Are from […]

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    4. Middle class incomes fall further behind upper-tier incomes

    The dispersion of American adults out of the middle is accompanied by rising inequality. Trends in household income show rising prosperity overall from 1970 to 2014, but median income increased the most for upper-income households and by less for middle-income and lower-income households.[40. numoffset=”40″ In this report, “income” refers to pre-tax household income as reported […]

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