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Apr 30, 2024 · A Pew Research Center analysis found that the share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, likely due to the rising cost of living and wage stagnation.
Jun 4, 2024 · Almost two-thirds of Americans considered middle class said they are facing economic hardship and don’t anticipate a change for the rest of their lives, according to a poll commissioned by...
Apr 15, 2024 · It meant financial security and an opportunity for a better future. But that portrait of the American middle class is quite different today. A survey in 2018 found that a third of middle-income adults don’t have as much as $400 to cover an unexpected.
Jun 7, 2024 · Findings published by the National True Cost of Living Coalition show that 65% of Americans whose incomes are 200% above the national poverty line – which is about $62,300 for a family of four,...
Jul 18, 2022 · Key Points. A high rate of inflation — 9.1% in June from a year earlier — has taken a toll on household budgets. In addition to dealing with earnings not keeping up with the cost of living, most...
Jun 4, 2024 · Almost two-thirds of Americans considered middle class said they are facing economic hardship and don’t anticipate a change for the rest of their lives, according to a poll commissioned by...
People also ask
Are middle class people facing economic hardship?
Why is the middle class shrinking?
Why are Americans facing financial hardship?
Are price increases causing financial hardship?
According to a survey conducted by Gallupin August, the majority of U.S. adults now say that price increases are causing financial hardship for their household, with 12 percent describing their hardship as severe, meaning it might affect their ability to maintain their current standard of living.
