Parenting in America
There are deep divisions among U.S. parents today rooted in economic well-being. Parents’ outlooks, worries and aspirations for their children are strongly linked to financial circumstances.
The American Middle Class Is Losing Ground
After more than four decades of serving as the nation’s economic majority, the U.S. middle class is now matched in size by those in the economic tiers above and below it.
King’s Dream Remains an Elusive Goal; Many Americans See Racial Disparities
Five decades after Martin Luther King’s historic “I Have a Dream” speech in Washington, D.C., a new survey by the Pew Research Center finds that fewer than half (45%) of all Americans say the country has made substantial progress toward racial equality and about the same share (49%) say that “a lot more” remains to be done.
A Rise in Wealth for the Wealthy; Declines for the Lower 93%
During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%, according to a Pew Research Center analysis of newly released Census Bureau […]
After a Highly Partisan Election Year, Survey Finds Less Group Conflict
After a divisive presidential campaign that focused on such polarizing issues as economic class and immigration, a new Pew Research survey finds that the American public perceives less conflict between groups at the center of these debates now than before the campaign began. The survey finds that 58% of adults say there are “very strong” […]
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 […]
Yes, the Rich Are Different
As Republicans gather for their national convention in Tampa to nominate a presidential candidate known, in part, as a wealthy businessman, a new nationwide Pew Research Center survey finds that many Americans believe the rich are different than other people. They are viewed as more intelligent and more hardworking but also greedier and less honest. […]
Middle-Income Economics and Middle-Class Attitudes
This posting describes and links to a new report, “The Lost Decade of the Middle Class,” that combines income data from the Census Bureau, wealth data from the Survey of Consumer Finances and findings from a new survey to paint a portrait of diminished finances and muted hopes.
The Lost Decade of the Middle Class
Chapter 1: Overview As the 2012 presidential candidates prepare their closing arguments to America’s middle class, they are courting a group that has endured a lost decade for economic well-being. Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some—but by no means all—of its characteristic faith […]