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 clear to economists, policy makers and the general public that...

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 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 economic and political transitions in Asia and Africa. Class has...