upward mobility
Mass unemployment has resulted in downward mobility for a significant proportion of the working class.
His research claimed that, for men, being short led to downward mobility.
For most people, downward mobility is far more painful than upward mobility is pleasurable.
Many refugees suffer downward mobility, a loss of status and relative wealth compared to what they enjoyed in their home country.

SMART Vocabulary: related words and phrases

Class & class-consciousness in general
anti-bourgeois
anti-snob
arriviste
bougie
gentrify
go/come down in the worldidiom
go/come up in the worldidiom
heap
petty bourgeois
pleb
plebby
plebeian
the bottom of the heapidiom
the gentry
the petite bourgeoisie
the upper crust
underclass
ungenteel
ungentrified
upper class