For the most part, the American middle class has been moving away from the city.
That trend was especially pronounced after the Great Recession and the rise of Donald Trump, a populist who pledged to bring jobs back to the country.
It has been followed by an upturn in job creation in the private sector.
Now, a new report by the Federal Reserve Bank of Minneapolis estimates that the number of Americans working from home in 2018 will be less than the number working in the US as a whole.
“The US as we know it has not changed very much over the past two decades,” said Ben Bernanke, the chairman of the Federal Open Market Committee, which sets monetary policy.
“It has gotten more urban, more educated, more connected to the outside world.”
The US economy has been growing, but the number employed as part of the working-age population is shrinking, the Fed estimates.
The Bureau of Labor Statistics (BLS) also projects that the US workforce will shrink by more than 15 million jobs in 2020, according to a report from the National Association of Manufacturers (NAM).
The economy is still growing, as evidenced by the unemployment rate at 5.5% in the fourth quarter of 2018, and growth in wages, but it is shrinking.
The BLS said that US wages are expected to be the lowest in 30 years by 2020.
The biggest demographic trend is a decline in the share of Americans in the working age population.
The number of people age 50 and older, who make up the bulk of the workforce, is expected to shrink by 8.6 million in 2020.
Meanwhile, the number ages 65 and over is expected increase by 1.7 million.
And the number who are employed full-time is expected rise by 5.2 million, according the report.
The trend is consistent with what the BLS is predicting for the US overall economy.
According to the BHS, the US economy will grow by 2.4% in 2020 and 3.1% in 2021.
But the BSE says the economy is expected grow by 0.5%, 0.6% and 0.7% in 2018, 2019, 2020 and 2021.
Meanwhile the unemployment and underemployment rates are projected to increase by a combined 5.6%, 8.3% and 10.5 percentage points, respectively.
And inflation is expected in 2021 to be at a 2.9% annual rate.
The report also says that the federal debt will increase by 2% in 2019, 6.3%, 8% and 12.2% in 2024, 2025, and 2026.
It also expects that the annual cost of government services will rise by 2%, 4.3 and 7.3%.
The report does not address the question of whether the US will be able to sustain a growing population.
It does not include the effect of climate change on future population growth, and the Federal Communications Commission (FCC) did not release its own analysis of the economic effects of climate action.
But it does provide a snapshot of the US economic outlook, including the outlook for wages and employment.
In 2021, the median household income for households in the top 20% of the income distribution is expected, up from $48,600 in 2020 to $55,400 by 2026, the BSP report said.
In the middle 20%, the household income is expected for households at the middle of the distribution, with incomes of $51,900, $52,400 and $54,000, respectively, the report said, noting that the median annual income is likely to fall further as the median income of the bottom 20% is expected decline by $2,400.
For households in other income groups, the outlook is similar.
In 2020, the average annual household income in the middle class is expected at $56,000 in 2021, up $2.2, to $67,600 by 2031.
But in the bottom fifth, median income is estimated to decline by an additional $3,400, according an analysis by the BJS.
The median annual household disposable income in 2021 is expected be $19,800, up by $1,800 from 2020, but down $3.5, according that analysis.
The unemployment rate is projected to fall to 5.1%, down from 5.3, in 2021 and will remain lower than 5.4%, according to the report, which said that the BIS is forecasting the unemployment to stay below 5% through 2024.
The Federal Reserve will continue to use the Bureau of Economic Analysis (BEA) forecast model, but will not rely on the BEA’s model to estimate future inflation, Bernanke said in a speech last month.
Bernanke’s comments came just days after the Fed issued a report saying that inflation in the United States would average 2.5%.
The Fed’s inflation forecasts are based on a model that assumes that nominal GDP growth will remain at a high level through 2024 and inflation will increase at