▲ Peaking
Business
The American dream can be put in a number, and that number has halved: 9 in 10 children born in 1940 grew up to out-earn their parents; for those born in the 1980s it is now about 1 in 2
Data indicates a significant decline in upward economic mobility, as the probability of children out-earning their parents has dropped by half since 1940.