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1. • • becoming smaller or less: The shrinking workforce would have to support a growing number of retired people. rapidly/steadily/slowly shrinking The rapidly shrinking middle class worries that our children won't have the same chances we had a shrinking budget / economy / market
     dictionary.cambridge.org/dictionary/english/shrinking

     SHRINKING | English meaning - Cambridge Dictionary

2. People also ask

   Is the middle class shrinking?

   • Half of the U.S. population (50%) is in the middle class, according to the latest (2021) report from the Pew Research Center. This reflects a longer-term trend of a shrinking middle class over the past five decades. Pew’s previous report showed that for the first time since at least the 1960s, the majority of Americans were not in the middle class.

   What Is Middle Class Income? Thresholds, Is It Shrinking - Investopedia

   www.investopedia.com/financial-edge/0912/which-income-class-are-you.aspx

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   How does a shrinking middle class affect income polarization?

   • These definitions allow the middle class to grow or shrink as people move up and down the income ladder. They primarily tell us about income polarization: in general, the smaller the middle class, the more spread there is in the distribution. Importantly, a shrinking middle class isn’t synonymous with national decline.

   There are many definitions of "middle class"—here's ours - Brookings

   www.brookings.edu/articles/there-are-many-definitions-of-middle-class-heres-ours/

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   What is the difference between a shrink and a contract?

   • contract, shrink, condense, compress, constrict, deflate mean to decrease in bulk or volume. contract applies to a drawing together of surfaces or particles or a reduction of area or length. shrink implies a contracting or a loss of material and stresses a falling short of original dimensions.

   Shrink Definition & Meaning - Merriam-Webster

   www.merriam-webster.com/dictionary/shrink

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   What is the difference between shrink and condense?

   • contract applies to a drawing together of surfaces or particles or a reduction of area or length. shrink implies a contracting or a loss of material and stresses a falling short of original dimensions. condense implies a reducing of something homogeneous to greater compactness without significant loss of content.

   Shrink Definition & Meaning - Merriam-Webster

   www.merriam-webster.com/dictionary/shrink

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3. www.investopedia.com › financial-edge › 0912What Is Middle Class Income? Thresholds, Is It Shrinking

   www.investopedia.com › financial-edge › 0912

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   Feb 7, 2024 · The middle class is shrinking due to an increase in population at the extreme bottom and top of the economic spectrum. The median income in the U.S. was $65,000 in 2020 (regardless of household...

4. dictionary.cambridge.org › english › shrinkingSHRINKING | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › english › shrinking

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   becoming smaller or less: The shrinking workforce would have to support a growing number of retired people. rapidly/steadily/slowly shrinking The rapidly shrinking middle class worries that our children won't have the same chances we had. a shrinking budget / economy / market.

5. www.brookings.edu › articles › there-are-manyThere are many definitions of "middle class"—here's ours

   www.brookings.edu › articles › there-are-many

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   Sep 4, 2018 · In fact, Pew finds that the middle class is shrinking primarily because more people are entering the upper class (though the lower class has also expanded).

6. blogs.bath.ac.uk › 07 › 01Whither the middle class? | IPR blog

   blogs.bath.ac.uk › 07 › 01

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   Jul 1, 2019 · The OECD defines the middle class as households with disposable income of between 75% and 200% of the median (or mid-point of the income distribution, adjusted for the number of people who live in a household).

7. www.pewresearch.org › short-reads › 2022/04/20How the American middle class has changed in the past five ...

   www.pewresearch.org › short-reads › 2022/04/20

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   Apr 20, 2022 · The shrinking of the middle class has been accompanied by an increase in the share of adults in the upper-income tier – from 14% in 1971 to 21% in 2021 – as well as an increase in the share who are in the lower-income tier, from 25% to 29%.

8. www.merriam-webster.com › dictionary › shrinkShrink Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › shrink

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   1. : to contract or curl up the body or part of it : huddle, cower. 2. a. : to contract to less extent or compass. b. : to become smaller or more compacted. c. : to lose substance or weight.

9. money.usnews.com › money › personal-financeWhy Is the Middle Class Shrinking? | Family Finance | U.S. News

   money.usnews.com › money › personal-finance

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   Jun 27, 2024 · Here's a closer look at why experts say the middle class is shrinking and how the definition of middle class can vary depending on who you ask.