Though Hispanics See Small Increase, Middle Class Is Losing Ground: Report

December 9, 2015 9:03 PM

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Though Hispanics See Small Increase, Middle Class Is Losing Ground: Report

Hispanics have experienced a small increase in income status, according to a report released Wednesday by Pew Research Center. However, after more than four decades as the nation's economic majority, the middle class as a whole is losing ground and is now matched by the upper and lower economic tiers.

In 2014, almost half - 49 percent - of the nation's aggregate income went to upper-income households and 43 percent went to middle-income households. By contrast, in 1970 those numbers were 29 percent and 62 percent.

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