Numbers, Facts and Trends Shaping Your World
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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 […]
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.
The 2016 presidential campaign has exposed deep disagreements between – and within – the two parties on a range of major policy issues.
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 […]
The middle class has long been the country’s economic majority, but our new analysis finds that’s no longer true.
Algorithms can save lives, make things easier and conquer chaos. But experts worry about governmental and corporate control of the data, and how algorithms can produce biased results and worsen digital divides.
From Millennials in the workforce to religion in America, our most popular posts told important stories about trends shaping our world.
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.
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 […]
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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