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Search results for: “middle class”

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    Portrait of the Millennials

    At a conference at the Newseum in Washington, D.C. on Wednesday, Feb. 24, 2010, Pew Research Center analysts and outside experts discussed research findings about the Millennial generation, the American teens and twenty-somethings now making the passage into adulthood. This first of three sessions provided a broad overview of the Millennial generation, examining their demographics, values, attitudes and behaviors, and discussing the results of the new study.

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    Middle Class

    Survey Details: Conducted January-February 2008 File Release Date: 27 April 2009

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    The Millennials

    Who are they? How are they different from –and similar to — their parents? How is their moment in history shaping them? And how might they, in turn, reshape America in the decades ahead?

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    II. How the Middle Class Defines Itself

    “Middle class” is a term that is universally familiar but devilishly difficult to pin down. It is both a social and economic construct, and because these domains don’t always align, its borders are fuzzy. Is a $30,000-a-year resident in brain surgery lower class? Is a $100,000-a-year plumber upper-middle class? One way to sidestep riddles of […]

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    V. The Middle Class Borrows More and Consumes More

    One of the important changes in the economic life of the middle class over the past quarter century has been the extent to which it has engaged in higher levels of consumption and taken on a higher burden of debt. At least until the current recession, housing was the key driver of both trends. From […]

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    III. The Middle Class Sees Short-Term Stagnation, Long Term Progress

    Even before the current recession settled in, the American middle class felt stuck in its tracks. The Pew Research survey was conducted in January and February of 2008, during the early days of what was then a still-not-yet officially declared recession. Even so, a majority of self-identified middle class survey respondents said then that in […]

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    The Deaths of Michael Jackson and “Neda” Grip the Blogosphere

    The online community focused on two primary subjects last week – the passing of singer Michael Jackson and the continuing unrest in Iran. The reaction to the King of Pop’s death, along with stunning video of an Iranian woman referred to as “Neda,” demonstrated again not only the power of social media but the range of its use.

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    Before the Great Recession, a Phantom Recovery

    The eight-year period from 1999 through 2007 is the longest in modern U.S. economic history in which inflation-adjusted median household income failed to surpass an earlier peak.

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