Wednesday, September 14, 2011

ONE IN SIX NOW LIVE IN POVERTY

ONE IN SIX NOW LIVE IN POVERTY IN THE USA

(ONE IN SEVEN AT RISK IN EUROPE)

 

Today's release of US Census figures show that more people in America are living in poverty than any time since figures have been tracked in 1952.

From 2009 to 2010, the nation’s median household income declined, the poverty rate increased and the percentage of persons without health insurance coverage was not statistically different year over year, according to data the U.S. Census Bureau released Tuesday.

Real median household income in the United States in 2010 was $49,445, a 2.3 percent drop from the 2009 median.

The nation’s official poverty rate last year was 15.1 percent, up from 14.3 percent in 2009, registering the third consecutive annual increase in the poverty rate.

Trudi J. Renwick, chief of the Census Bureau’s Poverty Statistics Branch, said poverty rates tend to increase during periods when median household incomes are falling.

The poverty rate among married couples in 2010 was 8.8 percent, while it spiked to 40.7 percent among female heads of household. A new category added by the bureau for 2010 was poverty rate by disability status, which rose by 2.9 percent from 2009 to 2010. “For example, we see that the poverty rate for female-headed households approaches 32 percent, whereas for male heads of household, the number is almost exactly half that rate (15.8 percent). If we look back over the last decade, we see that the rate continues to climb. We know that women overall tend to be poorer than men, and consequently, female-headed households are seriously at risk,” Younger said.

Women’s financial insecurity, as shown by the Census numbers, has many implications, including fewer assets over the lifespan, greater numbers of female elders in poverty, children who are getting a poorer start in life, stress-induced health problems and lower employment levels, Younger said. “This is far from a ‘women’s problem’: these consequences ripple out to affect all of society.” 

FOX NEWS US CENSUS FIGURES

46.2 Million live in poverty now. This figure has gone up for the  3rd year  straight year by 22,314.

26 % Latino Citizens live in poverty

27% African American Citizens live in poverty

Children living in poverty increased 22%

“Boomerang children” who have had to move back in homes with their parents and families is up 25% just since 2007.

(If they didn’t have parents to fall back on 22% more Americans people would be living in poverty.)



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