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.
The first decade of this century witnessed an historic reduction in global poverty and a near doubling of the number of people who could be considered middle income. But the emergence of a truly global middle class is still far from fruition.
Survey Report The public makes sharp distinctions about which groups have benefited – and which have not – from the economic policies the government has put in place since the start of the recession. Majorities say that large banks, large corporations and the wealthy have been helped a great deal or a fair amount by […]
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.
The share of Americans who live in middle-income households has held steady since 2010 – a flat trend that might actually be good news.
A New York Times chart illustrates disparities in income growth between the U.S. and other advanced economies.
Today about as many Americans identify themselves as lower or lower-middle class (40%) as say they are in the middle class (44%).
In China, one of the greatest economic transformations in history is taking place, as millions move from poverty into the middle class.
Nearly nine-in-ten Americans now say having a secure job is essential to being in the middle-class; in 1991, it was homeownership.
As President Obama prepares to make a "major" speech on the economy today, our past reports describe the challenges the middle class has faced in the past decades.