“Middle class” is often used as a monolithic term. When politicians invoke it, they’re referring to anyone who isn’t wildly wealthy or who wouldn’t classify as financially disadvantaged. But there’s ...
The Philippines has transitioned to one of the East Asia's fastest growing economies after decades of sluggish growth. Over the past 15 years, the country has doubled its GDP, increased employment ...
The world has changed for middle-class people over the past several decades. As of 2023, the middle class made up just over half (51%) of all Americans, down from 61% in 1971, according to Pew ...
Though terms like these can’t fully encapsulate people’s specific financial realities, they can be useful. The differences between how the lower middle class and upper middle class are living can ...