Saturday, May 14, 2016

Pew Research Center: Shrinking middle class in U.S. metropolitan areas: 6 key findings - Thanks anti-jobs pro-open borders Overlords. --tma






The American middle class is shrinking at the national level, as was documented in a previous study by Pew Research Center. Our new analysis of government data finds that the middle class is also losing ground in the vast majority of metropolitan areas in the country.
Metropolitan areas with the 10 highest shares of middle-income adults in 2014 are mostly in the Midwest
Here are six key takeaways from the new report:
1The middle class is shrinking in most U.S. metropolitan areasThe decline in the share of adults who are middle class nationally also proved to be a pervasive local phenomenon in the period from 2000 to 2014. Affecting communities from Boston to Seattle and from Dallas to Milwaukee, the share of adults living in middle-income households fell in 203 out of 229 U.S. metropolitan areas examined from 2000 to 2014. With fewer Americans in the middle-income tier, the economic tiers above and below have grown in significance over time. The share of adults in the lower-income tier rose in 160 areas, and the share in the upper-income tier increased in 172 areas. These trends were not mutually exclusive – the shares of adults in the lower- and upper-income tiers both increased in 108 metropolitan areas. ...