The old image of the \u201cmiddle class\u201d\u009d as an aspirational state of being \u201d\u201c upward mobility coupled with a measure of financial stability \u201d\u201c hasn\u2019t disappeared. But it\u2019s under stress as much as at any time in the postwar era. Fewer Americans these days call themselves middle class, and many who do use that label see it as a badge of struggle as much as a badge of opportunity.<\/p>\n
The middle class is being redefined partly by demographics. In 1970, fully 40 percent of US households were married couples with at least one child under 18 years old. By 2012 that share had declined to 20 percent of US households \u201d\u201c a shift that includes more single-parent breadwinners. It\u2019s also being redefined by a changing job market \u201d\u201c notably by the rising importance of education on r\u00c3\u00a9sum\u00c3\u00a9s, as well as the disappearance of punch-the-timecard jobs in offices and factories that once produced comfortable lifestyles but were vulnerable to automation.<\/p>\n
All this doesn\u2019t mean that living standards for average middle-income families are languishing in a state of permanent deterioration. A good deal of evidence suggests that\u2019s not the case. And while some deride the insecurity of the Gig Economy \u201d\u201c the growing legions of people doing freelance, contract, temporary, or other independent work \u201d\u201c the changing job market has a bright side for many Americans: greater flexibility, creativity, and self-determination for one\u2019s career.<\/p>\n