Posts Tagged ‘middle class’

Western Middle Classes Have Stagnating Incomes Compared to Emerging Markets

January 5, 2015

This chart shows the growth of real income growth (y axis) against percentile of global income distribution. While the middle classes of emerging markets have seen enormous gains in the past generation, Western middle class incomes, including the US, have significantly stagnated in comparison.

–from the New York Times

American Middle Class Now Poorer than Canadian Counterparts

April 23, 2014

US Middle Income

The Canadian median per capita income is up nearly 20% since 2000 and has recently passed the US. However, the US still has the second highest and is expected to remain so for some time.

–from The New York Times

More Americans Identify as Lower Class

February 26, 2014

Between 2008 and 2014, an additional 15% of Americans view themselves as lower class, with 6% falling from upper to middle and another 8% dropping below middle.

–from CNN

Canada’s Middle Class Shrinking

December 16, 2013

 

The number of Canadians identifying as middle class has fallen 19% since 2002. This mirrors similar patterns in the US.

from The Toronto Star