Pew Finds Most Americans Have Greater Income Than Their Parents, But Little Movement Up and Down the Economic Ladder

Pursuing the American Dream: Economic Mobility Across Generations , the latest research from The Pew Charitable Trusts, shows opportunity is not the same for everyone. While 84 percent of Americans have higher family incomes than their parents did at the same age, those born at the top and bottom of the income ladder are likely to stay there as adults.

"The ideal of the American Dream is complex and we see again that one’s ability to achieve it is impacted by race, education, and family background,” said Erin Currier, manager of Pew’s Economic Mobility Project.

Pursuing the American Dream uses the […]