What really makes you middle class? Explore how stability, education, and cultural identity are reshaping our understanding ...

As Chart 1 demonstrates, in several middle-income regions, middle-class jobs are no longer expanding significantly ... In principle, that should help offset some of the adverse effects of a shrinking ...

And changing the precise boundaries does not alter the basic trend: The middle class, as a share of the population, is shrinking. In our report, middle-income households have incomes from two ...

The middle class is shrinking as a result of several factors including surging inflation, an aging population, and the rise of remote work, according to a new report from ConsumerAffairs.

Here's a closer look at why experts say the middle class is shrinking and how the definition of middle class can vary depending on who you ask. Despite the decrease, the American middle class ...

The share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, according to the Pew Research Center. Are you part of the “shrinking” middle class? You can use ...

So a shrinking middle class hurts the economy. The 11 percentage point shift ... 1 when some households have no income and the others have the same (nonzero) income. Chart 2 shows that polarization ...

and economics experts suggest the middle class is shrinking year after year, exposing a widening chasm in financial equity. Moreover, there’s a significant gap between the middle class and those ...

The middle class is shrinking. As of January 2025, Florida's minimum wage for non-tipped employees is $13 an hour, and for tipped employees is $9.98 an hour. Floridians voted back in 2020 to raise ...

he year 2024 was when the country finally became aware that its middle class has been shrinking over the past five years. The government, however, has maintained that the economic situation ...