The OECD defines the middle class as households with disposable income of between 75% and 200% of the median (or mid-point of the income distribution, adjusted for the number of people who live in a household). [2] Based on internal Bank estimates, pending publication of official data. The upper middle class in Britain traditionally consists of the educated professionals who were born into higher-income backgrounds, such as legal professionals, executives, and surgeons. The upper second-class degree is labelled as 2:1 degree (read "two-one"). Grouping Romania with rich countries is not a useful category. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Socioeconomic status - GOV.UK Ethnicity facts and figures So, while the nominal GNI per capita figures look deceptively low for countries like Romania and China, their citizens can in fact, enjoy high standards of living comparable to other "rich" countries. [9] There may be prestige differences between different upper-class households. Detailed information on how the World Bank classifies countries is availablehere. For more information, please contact us at [emailprotected]. 87% of the population aged 19 to 24 and 25 to 29 hold NQF level 2 or above; this decreases with each older age group. The researchers said while the elite group had been identified before, this is the first time it had been placed within a wider analysis of the class structure, as it was normally put together with professionals and managers. This page corrects mistakes in a previous version. Britain's inflation rate has soared to the highest level since the early 1980s. Also striking, however, is the . This decreases to 64% with NQF level 3 or above and 44% at level 4 or above. In the UK in 2016 that would have translated into after-tax income of between 13,500 and 36,100 for a single person, and 27,000 . Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Huge survey reveals seven social classes in UK - BBC News One noticeable trend that occurs across the UK is that females outperform males in almost all of the headline measures. The vast majority of British people fall into this category, such as shop owners, white-collar professionals (literally those who wear a white collar like businessmen and office workers), teachers, journalists, nurses and the list goes on. Census data gives the government the information it needs to plan and run public services. Ordinary Degree: If an honours student fails to achieve a third class by a small margin, they may be awarded an ordinary degree i.e. 24 [M4F] UK - Looking for a posh/upper-class gal : r/r4r - Reddit

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