What does AB mean in social class?

What does AB mean in social class?

Grades

Grade Social class Frequency in 2016
A Upper middle class 4%
B Middle middle class 23%
C1 Lower middle class 28%
C2 Skilled working class 20%

What are the socioeconomic classes UK?

Results

  • Elite.
  • Established middle class.
  • Technical middle class.
  • New affluent workers.
  • Traditional working class.
  • Emergent service sector.
  • Precariat.

How is socioeconomic status calculated UK?

A person’s socio-economic status is based on the type of work they do, or what they used to do if they are retired. Census data covers people in around 25 million private households. It also includes communal establishments, such as care homes and university halls of residence.

What are AB adults?

Members of these families are treated the same as ungrouped individuals….Social Grade A, B, C1, C2, D, E.

Social Grade Description % HRP population (UK)
AB Higher & intermediate managerial, administrative, professional occupations 22.17

Who is considered middle class UK?

Statista says the average income in the UK is £31,461. The term does not mean the same thing as middle class. According to the Organisation for Economic Co-operation and Development, middle class is someone who earns 75 per cent to 200 per cent of the median national income.

What is Abi mutual fund?

AllianceBernstein Investments, Inc. (ABI) is the distributor of the AB family of mutual funds. ABI is a member of FINRA and is an affiliate of AllianceBernstein L.P., the manager of the funds. AB mutual funds may be offered only to persons in the United States and by way of a prospectus.

How many households in the UK have a weekly income below £600?

Main facts and figures 45% of households in the UK had a weekly income of below £600 (before tax) on average, in the 3 years to March 2020 Black households were most likely out of all ethnic groups to have a weekly income under £600

Which ethnic groups have the lowest weekly income in the UK?

Black households were most likely out of all ethnic groups to have a weekly income of less than £400, and Indian households most likely to have a weekly income of £1000 or more.

What is the average weekly income for black households in UK?

Black households were most likely out of all ethnic groups to have a weekly income under £600 households in the Indian ethnic group were the most likely to have a weekly income of both £1,000 or more, and £2,000 or more 2. Things you need to know The data measures the weekly income of households in the UK before tax.

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