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Americans increasingly identify as 'working class' amid affordability crisis · 1 source tracked

By PulseAugur Editorial · [1 sources] ·

A recent Pew Research Center analysis reveals that 60% of Americans, including a significant portion of high earners, now identify as "working class." This shift, up from 54% two years prior, reflects a widespread affordability crisis where inflation erodes purchasing power and wage growth fails to keep pace. Milestones like homeownership are increasingly out of reach, particularly for younger generations like Gen Z, who face high debt and an uncertain job market, exacerbated by anxieties about AI's impact on employment. AI

IMPACT AI is mentioned as a source of anxiety for Gen Z regarding future job market uncertainty.

RANK_REASON Article discusses a societal trend and its causes, citing research, rather than announcing a specific event.

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Americans increasingly identify as 'working class' amid affordability crisis · 1 source tracked

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Article discusses a societal trend and its causes, citing research, rather than announcing a specific event.
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Muskaan Arshad ·

    Even Americans earning more than $155,000 now call themselves ‘working class’—a sign of how far the affordability crisis has spread

    A new Pew study found 60% of U.S. adults identify as working class, up from 54% two years ago—and half of the country's top earners say the label fits.

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