For decades, a majority of Americans have been able to climb the economic ladder by earning higher incomes than their parents. These improving conditions are known as upward mobility and form an important part of the American Dream.
However, each consecutive generation is finding it harder to make this ascent. In today’s infographic, we illustrate the decline in upward mobility over five decades.
Source: https://www.visualcapitalist.com/the-decline-of-upward-mobility-in-one-chart/
