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  • October 22, 2014
  • Last updated: 5:42pm
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  1. Business - Companies

    Recession, technology kill middle-class jobs

    Posted Jan 24th 2013, 02:56pm

    ... Five years after the start of the Great Recession, the toll is terrifyingly clear: Millions of middle-class jobs have been lost in developed countries the world over. And the situation ... during the Great Recession paid middle-class wages, ranging from US$38,000 to US$68,000. But only 2 per cent of the 3.5 million jobs gained since the recession ended in June 2009 are midpay. ...


    Barack Obama pledges support for the working and middle class in America

    Posted Jan 23rd 2013, 12:00am by McClatchy-Tribune

    ... as protector of the poor and working class against the rich and powerful. Then, it was helping the people survive the sharp edges of the Industrial Revolution at the hands of what Roosevelt once called the "malefactors of great wealth". Now, Obama promises a government to help people make it through an age of rapid social and economic change at the start of a new century. For a middle class ...

  3. News - China

    How the Chinese middle classes are becoming foodies and culture junkies

    Posted Jan 02nd 2013, 05:18pm by Staff Reporter

    ... Staff Reporter New report outlines consumer trends for 2013 A report on consumer trends in China for the coming year suggests the country's growing middles classes will be spending ... middle classes are developing an appetite for the arts, gourmet food and travel. They are spending more on threatre, concerts and leisure activities. Their tastes in food are changing too, ...

  4. Growing middle class finds vehicle of choice

    Posted Nov 02nd 2012, 09:57am by Anna Mori, Christina Guindo, Krystin Chu and Stacey Johnson

    ... of rapidly developing customer demographics in the Indonesian vehicle industry. To address the requirements of Indonesia's rising upper-middle class, Mercedes-Benz Indonesia launched a second generation B-Class family car. This premium vehicle is small enough for the city but large enough to fit five passengers comfortably. "We have noticed growth in the demand from young families ...

  5. Lifestyle - Family & Education

    Hong Kong ill prepared to care for middle-class retirees

    Posted Nov 04th 2012, 12:00am by Elaine Yau

    ... Elaine Yau elaine.yau@scmp.com As the average age of Hongkongers rises, housing for elderly middle-class people is becoming an issue, writes Elaine Yau Homestretch Retirees Sidney Lam ... librarian. Cheerful Court is one of two Housing Society projects that provide subsidised homes for the middle-class elderly under its Senior Citizen Residences Scheme, and is designed ...

  6. News - World - US POLITICS

    US presidential candidate Mitt Romney jumps on Joe Biden's 'gaffe' on middle class

    Posted Oct 04th 2012, 12:00am by AFP

    ... America's middle class had "been buried in the last four years". Biden, President Barack Obama's Democratic running mate for the presidential election, made the comments on Tuesday when speaking about the Republican camp's tax plans at a campaign event in Charlotte, North Carolina. "How they can justify raising taxes on the middle class that's been buried ...

  7. News - Hong Kong - EDUCATION

    New ESF debenture scheme will hit middle classes hardest

    Posted Sep 13th 2012, 12:00am by Jennifer Ngo

    ... Jennifer Ngo jennifer.ngo@scmp.com ESF debenture plan 'will hit middle class hardest' Middle-class families will be the hardest hit by the English Schools Foundation's new HK$500,000 debenture scheme, a parent group said. The move would "for sure and 100 per cent" affect middle-class parents, Hong Kong Parents Association secretary Henry Chan Sing-tat said. ...

  8. News - Hong Kong - SOCIETY

    Middle-aged singles get public rental housing priority

    Posted Oct 15th 2014, 04:07am by FANNY FUNG

    ... Middle-aged singles get housing priority Middle-aged singles will be given priority over young people in public rental housing applications under a revised points system announced yesterday. ... to middle-aged single applicants, giving them a better chance than young people who have been joining the queue in rising numbers over recent years. At the end of June, there were 255,800 families ...

  9. Business - News

    Democrats say Ryan is an enemy of the middle class

    Posted Aug 12th 2012, 07:58am by THE ASSOCIATED PRESS

    ... they contend favors the wealthy over the middle class. The Obama campaign charged that Ryan, as architect of the GOP House budget plan, has advocated additional tax cuts for millionaires and deep cuts ... Ryan as hostile to the middle class began earlier this summer, and the president's backers have repeatedly noted Romney's embrace of Ryan's budget. Last month, Jon Soltz, ...

  10. Where the middle class reach for a glass

    Posted Jun 07th 2012, 12:00am

    ... Lena Gidwani foodandwine@scmp.com Ten years ago, Martin Lee, an engineer in Guangzhou, would never have imagined spending 680 yuan (HK$828) on a bottle of cabernet sauvignon. Today, he drinks at a members-only wine club in the blossoming Zhujiang New Town. The price tag? A lifetime fee of 300,000 yuan. Lee is not alone: he is part of a growing middle class on the mainland ...




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