STUDY: Middle Class Suffered ‘Worst Decade In Modern History’ As Wages Stagnated, Share Of Income Fell | ThinkProgress

The middle class is shrinking, and so is its share of America’s income and wage growth, according to a new study released Thursday. The study from the Pew Research Center found that the middle class — defined as Americans with incomes between $39,000 and $118,000 — fell backward in income for the first time since the end of World War II, and the number of Americans who fit into that category shrunk from 61 percent in 1971 to just 51 percent in 2011.

via STUDY: Middle Class Suffered ‘Worst Decade In Modern History’ As Wages Stagnated, Share Of Income Fell | ThinkProgress.

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About fester60613

Evangelical Antireligionist.
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