Chart of the Week: U.S. middle class no longer the world’s richest
A New York Times chart illustrates disparities in income growth between the U.S. and other advanced economies.
Numbers, Facts and Trends Shaping Your World
A New York Times chart illustrates disparities in income growth between the U.S. and other advanced economies.
While most manufactured goods are considerably cheaper than they were three decades ago, many key services are much more expensive — contributing to the paradox of greater material abundance among even poor Americans.
Today about as many Americans identify themselves as lower or lower-middle class (40%) as say they are in the middle class (44%).
Another way of looking at changing patterns in student borrowing is to look at how all student debt is distributed across various groups. In the class of 1992-93, graduates from the lowest income quartile owed 40% of the class’ overall student debt. In other words, the poorest quarter of graduates owed 40% of the class’ […]
Smartphones often serve as a go-to source for staying informed about breaking news and community happenings, getting from place to place, conducting transactions, and navigating life events such as finding a new job or getting information about a health condition. This chapter of the report looks in more detail at the specific activities that smartphone […]
Experts envision automation and intelligent digital agents permeating vast areas of our work and personal lives by 2025, but they are divided on whether these advances will displace more jobs than they create.
A daily roundup of fresh data from scholars, governments, think tanks, pollsters and other social science researchers.
In 2012, a record 69% of the nation’s new college graduates had taken out student loans to finance their education. Graduates from more affluent families are much more likely to borrow today than 20 years ago.
Among graduates of the class of 2011-12, the typical student borrower owed about $26,900 in student debt. This is roughly double the amount owed by the typical borrower from the class of 1992-93 ($12,400). Unlike the clear patterns for borrowing rates, the increase in the median amounts borrowed by graduates has been fairly uniform across […]
A daily roundup of fresh data from scholars, governments, think tanks, pollsters and other social science researchers.
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