Upward Mobility in US at Historic Low

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Upward mobility in the US is at a post-war low. During the 30′s and 40′s is was three times higher, near 12%, but has since dropped considerably to below 4%. In other words, both rich and poor Americans are likely to stay in the class they were born into. American poverty and wealth are both becoming increasingly stable and permanent.

–from Business Insider

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One Response to “Upward Mobility in US at Historic Low”

  1. Investment Manager Explains Why 99.5% Of Americans Can Never Win - City-Data Forum Says:

    […] hard, most simply had a silver spoon in their mouths. upward mobility is at an all time low . Upward Mobility in US at Historic Low | Data360 The system is designed for failure, what needs to happen is more people work to collapse the […]

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