The Shrinking American Middle Class : The Social and Cultural Implications of Growing Inequality

Name: The Shrinking American Middle Class
Brand: Palgrave Macmillan
SKU: 9781349441044
Price: 8100 KES
Availability: OutOfStock
ISBN: 9781349441044

1st ed. 2012

by Joseph Dillon Davey

Book Details

Format Paperback / softback

ISBN-10 134944104X

ISBN-13 9781349441044

Edition 1st ed. 2012

Publisher Palgrave Macmillan

Imprint Palgrave Macmillan

Country of Manufacture US

Country of Publication GB

Publication Date Sep 14th, 2012

Print length 200 Pages

Weight 276 grams

Dimensions 13.80 x 21.70 x 1.40 cms

Product Classification: Econometrics Econometrics and economic statistics Econometrics and economic statistics Economic statistics International economics Development economics & emerging economies Development economics and emerging economies International business Management of specific areas Business mathematics & systems Business mathematics and systems

KSh 8,100.00

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The United States lost one third of its factory jobs in the past decade as jobs were outsourced offshore, mostly to Asia. Estimates of the number of vulnerable jobs range from a low 11 million to a staggering 56 million 'middle class' jobs.

The United States lost one third of its factory jobs in the past decade as jobs were outsourced offshore, mostly to Asia. Jobs that require a college degree are next to go. China will award six times as many degrees this year as they did ten years ago and any job that can be digitized will be ''tradable''. Estimates of the number of vulnerable jobs range from a low 11 million to a staggering 56 million ''middle class'' jobs. The median United States household income has already dropped by seven percent since 2000 and without dramatic changes in the American workforce that trend will become a disaster for middle class Americans.

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