Middle class

This tag is associated with 40 posts

The Middle Class – A shift towards high-skill occupations

Labour markets across the OECD have polarised in recent decades, as the share of middle skill occupations has declined relative to that of both high- and low skill occupations. This paper shows that, contrary to what is often assumed in the public debate, job polarisation has not resulted in a decline in the share of … Continue reading

The Squeezed Middle Class – The education and training systems should offer a wider range of learning opportunities at various ages OCDE says

Over the past decade, the OECD has documented the evolution of inequalities in income and opportunities in details in a series of flagship publications, from Growing Unequal? (2008), to Divided we Stand (2011), to In it Together (2015) and the latest release on The Broken Social Elevator that focused on social mobility and showed that … Continue reading

Middle Class – Smaller in US than in Europe, but richer

The American middle class is smaller than middle classes across Western Europe, but its income is higher, according to a recent Pew Research Center analysis of the U.S. and 11 European nations. The median disposable (after-tax) income of middle-class households in the U.S. was $60,884 in 2010. With the exception of Luxembourg – a virtual … Continue reading

The Middle Class in Europe – Expands in France, the Netherlands and the United Kingdom, but …

From 1991 to 2010, the middle class expands in France, the Netherlands and the United Kingdom, but, as in the United States, shrinks in Germany, Italy and Spain The fortunes of the middle classes in Western Europe’s largest economies are moving in opposite directions. From 1991 to 2010, the shares of adults living in middle-income … Continue reading

Middle Class in US – Losing ground in metropolitan areas

The American middle class is losing ground in metropolitan areas across the country, affecting communities from Boston to Seattle and from Dallas to Milwaukee. From 2000 to 2014 the share of adults living in middle-income households fell in 203 of the 229 U.S. metropolitan areas examined in a new Pew Research Center analysis of government … Continue reading

US – The middle-class is shrinking Pew Research finds

The share of Americans who live in middle class households is shrinking. The share of U.S. adults living in middle-income households fell to 50% in 2015, after more than four decades in which those households served as the nation’s economic majority. And the financial gaps between middle- and upper-income Americans have widened, with upper-income households holding … Continue reading

The Middle Class in US – Shrinking

The middle class shrinks The hollowing of the American middle class has proceeded steadily for more than four decades. Since 1971, each decade has ended with a smaller share of adults living in middle-income households than at the beginning of the decade, and no single decade stands out as having triggered or hastened the decline … Continue reading

Middle Class in the World -13% of people Pew Research Center finds

This study divides the population in each country into five groups based on a family’s daily per capita consumption or income. The five groups are labeled poor, low income, middle income, upper-middle income, and high income. Of the four thresholds that separate these different income groups, two are especially important to keep in mind. The … Continue reading

Middle Class in US – A map of the shrinking

The struggles of middle-class American families and growing income inequality have risen to the top of the national agenda. A new Stateline analysis shows that in all 50 states, the percentage of “middle-class” households—those making between 67 percent and 200 percent of the state’s median income—shrunk between 2000 and 2013. The change occurred even as … Continue reading

US – The middle class is in trouble

The American middle class is in trouble. The middle-class share of national income has fallen, middle-class wages are stagnant, and the middle class in the United States is no longer the world’s wealthiest. But income is only one side of the story. The cost of being in the middle class—and of maintaining a middle-class standard … Continue reading

The aftermath of the Great Recession in US – Historically terrible for the middle class

The Census Bureau has been tracking median household income since 1967. America has endured seven recessions since then. The first five of those recessions saw a similar pattern when they ended: By the fifth year of recovery, median incomes had risen. This was true even for the recession that ended in 1980 – when the … Continue reading

The Middle Class in US – Wealth fell 35 percent from 2005 to 2011

A new US Census Bureau report shows that the median household’s net worth fell from $106,591 to $68,839 from 2005 to 2011:   Chosen excerpts by Job Market Monitor. Read the whole story at Middle class households’ wealth fell 35 percent from 2005 to 2011 – Vox.

Polarization – The four middle skill occupations: 60 percent of employment in 1979, 46 percent in 2012

Cumulatively, these two trends of rapid employment growth in both high and low-­‐‑education jobs have substantially reduced the share of employment accounted for by ‘middle skill’ jobs. In 1979, the four middle skill occupations (sales, office and administrative workers, production workers, and operatives) accounted for 60 percent of employment. In 2007, this number was 49 … Continue reading

US – Families in middle class make less than they did 5 years ago

The purchasing power of the typical American family is 3.1 percent lower now than it was five years ago. No wonder people are unhappy about the economy! The benefits of rising levels of economic activity have simply not accrued to middle-income wage earners. Chosen excerpts by Job Market Monitor. Read the whole story at  Why the Middle … Continue reading

The US Middle Class – 20 percent poorer than it was in 1984

As the Russell Sage Foundation points out, the slow housing recovery means that, in 2013, median households were still 36 percent poorer than they were a decade earlier. In fact, the housing bust was big enough to erase all the gains the middle class had made the past 30 years—and then some. As you can see below, … Continue reading

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