Recent Press Release
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Press Release: Downward Mobility and Recovery Rates Remain Virtually Unchanged Since the Late 1960s
Washington– According to a new report from Pew’s Economic Mobility Project, the likelihood
that Americans experience a two- or ten-year income drop has been consistent over the last forty
years. Recovery rates from those losses have also been constant—half of adults who suffer a
two-year income loss of more than 25 percent recover within four years. However, half of those
suffering such a drop over ten years fall permanently behind their peers and do not fully recover.
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Recent In The News
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Education Week: The Cost of College
Many low-income students don’t go to college because they lack information about how to apply for the financial aid that would make it possible, according to a study by Pew Charitable Trusts' Economic Mobility Project.
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