A Third of Americans Now Say They Are in the Lower Classes
The percentage of Americans who say they are in the lower-middle or lower class has risen from a quarter of the adult population to about a third in the past four years, according to a national survey of 2,508 adults by the Pew Research Center. Not only has the lower class grown, but its demographic […]
Public Says a Secure Job Is the Ticket to the Middle Class
Americans believe that having a secure job is by far the most important requirement for being in the middle class, easily trumping homeownership and a college education, according to a new nationwide Pew Research Center survey of 2,508 adults. Nearly nine-in-ten adults (86%) say a person needs a secure job to be considered part of […]
Young, Underemployed and Optimistic
Young adults hit hard by the recession. A plurality of the public believes young adults, rather than middle-aged or older adults, are having the toughest time in today’s economy.
Is College Worth It?
College costs are rising, student debt is mounting, and most Americans say college fails to deliver good value for the money. Meantime, only 19% of college presidents say the U.S. system is the best in the world. However, more than eight-in-ten college graduates say college was a good investment for them personally.
Most ’Re-employed’ Workers Say They’re Overqualified for Their New Job
Workers who suffered a spell of unemployment during Great Recession are, on average, less satisfied with their new jobs than workers who didn’t. They are more likely to consider themselves over-qualified for their current position.
Lost Income, Lost Friends – and Loss of Self-respect
Long-term unemployment takes a much deeper toll than short-term unemployment on a person’s finances, emotional well-being and career prospects.
Take this Job and Love It
Self-employed adults are significantly more satisfied with their jobs than other workers. They’re also more likely to work because they want to and not because they need a paycheck.
Recession Turns a Graying Office Grayer
The American work force is graying — and not just because the American population itself is graying. Older adults are staying in the labor force longer, and younger adults are staying out of it longer.
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.
Inside the Middle Class: Bad Times Hit the Good Life
Americans feel stuck in their tracks. A majority of survey respondents say that in the past five years, they either haven’t moved forward in life or have fallen backward.