The worst-paying job in New York City—plus, see the rest of the bottom 50
The U.S. may be one of the wealthiest countries in the world but there's a growing trend of financial inequality, with middle-class households feel...
The U.S. may be one of the wealthiest countries in the world but there's a growing trend of financial inequality, with middle-class households feeling the most impact. In fact, the number of adults who live in middle-class households dropped from 61% in 1971 to 50% in 2021, according to an April 2022 analysis from Pew Research Center. On the other hand, the upper-income level rose from 14% to 21%. The declining middle class in the U.S. can be attributed to various factors including a decrease in unions and manufacturing jobs and an increased need for college-educated, tech-savvy employees.