Mind-set and Life-style choices Millennials have made, draw them into jobs that are: service, low responsibility, and low participation. And these jobs occur now in the Lower Middle class. That leaves a vacuum in the Upper Middle class. There are three sources (that I know of) to replace that population. I don't know if this is intelligent design, the free-market, or fortunate serendipity. Those sources are: - America's poor and working poor (the American Dream is still there) - Current immigrants from third world countries with a strong work-ethic - Purposefully immigrating degreed people from abroad. These will gradually replace the Upper Middle class.
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