The US is a country that’s always had a reputation for being a great place to make a living, but it’s looking more and more like it’s falling behind in terms of income equality as the middle class continues to shrink.
In the latest survey of 1,000 people from four leading American news organizations, 47 percent of respondents said the US should focus on getting more people into the middle-class, a trend that has been evident for a decade.
That percentage is up from just 21 percent in 2015, when the last survey was conducted.
While there are some bright spots in the numbers, the US still lags far behind the rest of the world in terms for median income.
For example, only 13 percent of people in the US reported earning $100,000 or more in 2016, compared with 37 percent in the UK, 47.4 percent in Germany, and 52.2 percent in Sweden.
A lack of wealth is also a problem, with 47.6 percent of Americans not having enough money to live on, compared to the OECD average of 60 percent.
The US also has a higher percentage of people who are working part time (48.4%) than the OECD (48 percent), and the median income for working people in 2016 was $29,400.
Despite the problems, most Americans said they were optimistic about the future.
One-quarter of Americans said that economic growth was good and that they had confidence in the future of the economy, compared, for the first time in two decades, with a year ago.
The survey was carried out by the Pew Research Center and was conducted from June 5-17.