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The latest data from the Bureau of Labor shows that prices have risen 8.3%. This is far above the 2% inflation.

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BLS found that, on average, US households only saw a 5.3% increase in their wages while the inflation rate is at 8.6%.

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Despite the low unemployment rate, many middle-class families are finding it hard to make ends meet.  

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A study by Pew Research Center found that the number middle class in America remained unchanged at 50% since 2011.

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Pew statistics show that for middle-class Americans, average incomes jumped 6% from $74K in 2010 to about $78.5K in 2016.

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Today, that figure has grown to about $90,000. A 12 years ago, a dollar was worth much more about the same as ten today.

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According to CPI inflation calculator, they would need to earn $101K in 2022, which is an increase of $25K from 2010.

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Pew statistics show that median incomes weren't able to recover from 2000-16 and that some refer to it as "the lost decade."

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Pew found that the pandemic stalled economic growth and progress, which caused many middle class families to fall BPL.

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It is clear that the average middle-class US household's income has seen a increase over the past few decades.