How wealth inequality has changed in the U.S. since the Great Recession, by race, ethnicity and income
In the U.S., the racial and ethnic wealth gap has evolved differently for families at different income levels since the Great Recession.
Numbers, Facts and Trends Shaping Your World
In the U.S., the racial and ethnic wealth gap has evolved differently for families at different income levels since the Great Recession.
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.
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 American middle class is losing ground in metropolitan areas across the country, affecting communities from Boston to Seattle and from Dallas to Milwaukee.
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.
As a whole, Latin America enjoyed solid economic growth in the first decade of this century, with a fall in poverty, a decrease in income inequality and a rise of its middle class.
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.
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.
Trends in public opinion are in line with Obama’s agenda: The priority given to deficit reduction has slipped somewhat, while public support for rebuilding the nation’s infrastructure has increased.
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