In many cases, the definition of middle class remains somewhat subjective in the eyes of the paycheck holders. However, this notion of income-defining status is on that is deeply rooted in the ...
The U.S. Supreme Court has been asked to examine whether class certification is automatically barred when the proposed class definition is "fail safe"—or when membership hinges on a case's outcome on ...
Last week the Eleventh Circuit addressed an issue that many class action practitioners probably haven’t thought much about: whether approval of a class action settlement requires that each class ...
The rise of the global middle class is one of the great economic triumphs of our time, or so we’re told repeatedly. “For the first time, the number of people in the middle class surpasses those living ...
Over the last decade, the household income needed to be a part of the middle class has increased significantly. In 2012, a household income of $35,364 qualified you as a member of the middle class in ...
Trying to define the middle class in any region can be a tricky task, as it’s not necessarily based just on salary, but also on how far that salary gets you. The American South, even with its deeply ...
What Is the Working Class? "Working class" is a socioeconomic term used to describe persons in a social class marked by jobs that provide low pay, require limited skill, or physical labor. Typically, ...
The criteria defining what it is to be middle class aren’t fixed, but are pinned on things like the cost of living, inflation, wage growth, and other economic factors. The income you would have to ...