The middle class has shrunk in most OECD countries, says this report, as younger generations face growing economic pressure. While almost 70% of baby boomers were part of middle-income households in their twenties, only 60% of millennials are today.

This report looks at the racial wealth divide at the median over the next four and eight years, as well as to 2043, when America's population is predicted to become majority non-white.

Executive Summary The strength of Australia’s economy and the opportunities it affords everyday citizens in a global context today is unarguable: our country has enjoyed over two decades of economic growth, with all classes of Australians enjoying the associated benefits. But it is becoming increasingly...

The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others. The skill sets...

The concept of an emerging middle class provides a useful entry point for understanding significant developmental and political transformations in Timor-Leste and Melanesia and is important for informing development policies. Overview The emergence of a middle class has been identified as an important factor driving...

The middle class in China is often mentioned in the media; defining the middle class and determining the pace of its development, however, is subject to much debate and contention. The rising numbers in Asia's middle class are also expected to be a boon for...

Middle class welfare has been a controversial issue in policy debates in Australia in recent years. The research examined in the paper suggests that the issues relating to middle class welfare are more complex than generally suggested in the various debates on this topic in...