Recent Press Release
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New Study on Economic Opportunities Finds that Americans Experience Upward Economic Mobility, But for Many the Magnitude of Their Movements is Minimal
Nearly three-quarters of individuals born into the bottom half of the income distribution improved their economic standing relative to their parents by at least one percentile, yet less than half moved up more than 20 percentiles, and fewer than two in five moved into the top half of the distribution, according to a new report issued by The Economic Mobility Project, an initiative of The Pew Charitable Trusts. The report is authored by economist and Economic Mobility Project advisory board member Bhashkar Mazumder.
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Recent In The News
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USA Today - Debt-Squeezed Gen X Saves Little
At age 30, Bryan Short has, by any standard, achieved professional success since graduating from Boston College and law school at the College of William and Mary. Yet despite his job as a Washington mergers-and-acquisitions lawyer, he's nowhere near as financially secure as he expected to be by now.
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Next Event
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Economic Mobility Panel on March 20, 2008
On Thursday, March 20, John E. Morton, director of Pew's Economic Mobility Project, will moderate a panel discussion at a Brookings Institution event in Washington D.C. The panel will review the findings of the Project's recent release, "Getting Ahead of Losing Ground: Economic Mobility in America," by Isabel Sawhill, Ron Haskins and Julia Isaacs, which includes data and analysis on mobility and families, race, gender, education and wealth.
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