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All together, these generally middle-class professions — which pay from $40,000 on the low end to more than $100,000 a year — are forecast to shed more than 600,000 jobs by 2033, figures from ...
The middle class has been steadily shrinking. While middle-income earners comprised 61% of the American population in 1971, by 2021, that percentage had shrunk to 50%, according to a Pew Research ...
While the middle class spent the better part of the last century growing, there are new findings that the middle class is shrinking at a very steady rate. “The share of adults who live in middle ...
American middle class. Though the American middle class does not have a definitive definition, [1] contemporary social scientists have put forward several ostensibly congruent theories on it. Depending on the class model used, the middle class constitutes anywhere from 25% to 75% of households. One of the first major studies of the middle class ...
In 1980 the middle class earned 17% of total income in the United States. [291] [292] [293] However, by 2019 its share decreased to 14%, a drop of 3%. Another way to see this is that in 1980 the share of the middle class was the same as that of the top 5% but by 2019 the top 5% was 9 percentage points ahead of the middle class. [294] [295]
The middle class refers to a class of people in the middle of a social hierarchy, often defined by occupation, income, education, or social status. The term has historically been associated with modernity, [1] capitalism and political debate. [2] Common definitions for the middle class range from the middle fifth of individuals on a nation's ...
Pew Research Center defines middle-income earners as Americans making between two-thirds to double the median income for their family size; that group has been shrinking, as BI reported, with more ...
In the United States, the upper middle class is defined as consisting of white-collar professionals who have above-average personal incomes, advanced educational degrees [ 2 ] and a high degree of autonomy in their work, leading to higher job satisfaction. [ 3 ] The main occupational tasks of upper middle class individuals tend to center on ...