Social classes go way back to at least the Middle Ages — but classes such as the “lower class” and the “lower middle class” didn’t become a prominent part of our sociological lexicon ...
According to Mafe Aclado, finance expert and general manager of Coupon Snake, the descent from middle class to lower middle class hardly happens instantly. “This is one of the problems with ...
(And middle class median income outpaced that among lower-income households by another six percentage points.) "The state of the American middle class is at the heart of the economic platforms of ...
Historically, the middle class is unchained from the financial stresses that define day-to-day life for impoverished people or the basic constraints of the always rising cost of living. The upper ...
But how has this segment changed over time? Between 1971 and 2023, the middle class shrank by 10%, while the upper and lower classes grew by 8% and 3%, respectively. Here's a closer look at why ...