Thrivers vs. Strugglers: A Growing Economic Divide and What To Do about It 2019 | Federal Reserve Bank of St.Louis | 23 May 2019 | Federal Reserve Bank, 111 Center St # 1000, Little Rock, AR 72201, USA

The Center for Household Financial Stability at the St. Louis Fed has found this as well, reporting that, in general, older, better educated and white Americans have been "thriving," while younger, less educated and nonwhite Americans are "struggling." Even as cyclical trends in this tight labor market produce impressive gains for lower-wage workers, the long-term secular trend still points toward further divergence between those getting ahead and those falling behind.