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U.S. Poverty Rate Climbed To 15.1 Percent Last Year, Total Number Hit All-Time Record

:: Unemployment Discussion :: The World Economy

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U.S. Poverty Rate Climbed To 15.1 Percent Last Year, Total Number Hit All-Time Record

by Guest Tue Sep 13, 2011 1:56 pm

Even though the Great Recession technically ended in 2009, incomes fell, poverty rose and the number of Americans without health insurance jumped again in 2010, the federal government announced Tuesday.

The nation's poverty rate increased to 15.1 percent in 2010, up from 14.3 percent in 2009 and the highest level since 1993, according to the U.S. Census Bureau's annual Income, Poverty, and Health Insurance Coverage report for 2010. An additional 2.6 million people landed in poverty last year, bringing the total to 46.2 million -- the highest number since the government started tracking poverty in the 1950s.

http://www.huffingtonpost.com/2011/09/13/us-poverty-rate-2011_n_959936.html

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