Photo: White working class pessimistic about future
In 2005, the Census Bureau’s American Community Survey stated that only 50 percent of white working-class adults have a college degrees . Today, that number has dropped below 48 percent.
Whites without four-year degrees still remain the largest demographic bloc in the workforce, and they are also the most pessimistic and alienated group in American society.
The Pew Charitable Trusts’ Economic Mobility Project released the findings of their national survey. The National Journal said the following:
One question asked respondents whether they expected to be better off economically in 10 years than they are today. Two-thirds of blacks and Hispanics said yes, as did 55 percent of college-educated whites; just 44 percent of noncollege whites agreed. Asked if they were better off than their parents were at the same age, about three-fifths of college-educated whites, African-Americans, and Hispanics said they were. But blue-collar whites divided narrowly, with 52 percent saying yes and a head-turning 43 percent saying no. (The survey, conducted from March 24 through 29, surveyed 2,000 adults and has a margin of error of ±3.4 percent.)
Interestingly, minorities were just as likely as blue-collar whites to say they have been negatively affected by the recession. Hispanics and blacks have higher unemployment rates than blue-collar whites.
Minorities are also more optimistic about the next generation that any groups of whites, with 54 percent of Hispanics and 63 percent of African-Americans saying they expected their children to exceed their standard of living.