Low-wage workers in the United States are gripped by increasing financial insecurity as they inch along an economic tightrope made riskier by pervasive job losses and rising prices. Many struggle to ...
(CNN) — Once considered among the most promising economies in Southeast Asia with a growing middle class, Myanmar is now suffering from soaring levels of poverty as a devastating civil war drives tens ...
Indonesia’s Central Statistics Agency (BPS) recently announced that the middle class in the country is shrinking. In 2019, the total middle class population numbered 57.33 million. According to BPS’s ...
This report examines key changes in the economic status of the American middle class from 1970 to 2023 and its demographic attributes in 2022. The historical analysis is based on U.S. Census Bureau ...
In August Amalia Adininggar, Indonesia’s statistician-in-chief, appeared in parliament with bad news. The country’s middle class had shrunk. Between 2021 and 2024, 6m Indonesians had fallen into the ...
This report examines key changes in the economic status of the Asian American middle class from 2010 to 2023 and its demographic attributes in 2022. The historical analysis is based on data from the ...
If anything, a slew of economic data suggests a middle class that’s actually shrinking. Mid-wage manufacturing and other jobs are disappearing due to automation and outsourcing, while lower-income ...
The true middle class has shrunk in recent years. While many people still classified as “middle class” are experiencing a slight shift in incomes, others are being pushed into poverty by basic ...