FortunemacroeconomiaNEUTRALMEDIUM

The latest status symbol of the 1% is a third kid. ‘It has become rarer for everyone else,’ says an economist

49% of top-1% earners have three or more kids, vs. about 40% of the rest of the top 10%, economist Mike Konczal found in Federal Reserve data.

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The latest status symbol of the 1% is a third kid. ‘It has become rarer for everyone else,’ says an economist