5 takeaways about the American middle class
The middle class has long been the country’s economic majority, but our new analysis finds that’s no longer true.
Numbers, Facts and Trends Shaping Your World
The middle class has long been the country’s economic majority, but our new analysis finds that’s no longer true.
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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.
The share of Americans who live in middle-income households has held steady since 2010 – a flat trend that might actually be good news.
Today about as many Americans identify themselves as lower or lower-middle class (40%) as say they are in the middle class (44%).
Chapter 1: Overview As the 2012 presidential candidates prepare their closing arguments to America’s middle class, they are courting a group that has endured a lost decade for economic well-being. Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some—but by no means all—of its characteristic faith […]
The percentage of Americans who say they are in the lower-middle or lower class has risen from a quarter of the adult population to about a third in the past four years, according to a national survey of 2,508 adults by the Pew Research Center. Not only has the lower class grown, but its demographic […]
Since 2000, the middle class has shrunk in size, fallen backward in income and wealth and shed some — but by no means all– of its characteristic faith in the future. Our new report explores how middle-class Americans view themselves, as well as their outlook on the future and on the presidential candidates who are […]
This posting describes and links to a new report, “The Lost Decade of the Middle Class,” that combines income data from the Census Bureau, wealth data from the Survey of Consumer Finances and findings from a new survey to paint a portrait of diminished finances and muted hopes.
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