US census report is out and it is disheartening. The U.S. poverty rate rose to the highest level in almost two decades and household income fell in 2010, underscoring the lingering impact of the worst economic slump in seven decades. Data released by the Census Bureau today showed the proportion of people living in poverty …
Tag Archive: Poverty
Permanent link to this article: http://www.wealthson.com/1693/poverty-rising-and-income-falling-in-us
Sep 17
Poverty in US rises, all racial groups in US poorer except Asian
The richest nation on earth is seeing spikes in poverty levels since onset of worst economic crisis in last six decades. According to the data released by US census bureau, the nation’s poverty rate jumped to 14.3% in 2009, its highest level since 1994, and the 43.6 million Americans in need is the highest number …
Permanent link to this article: http://www.wealthson.com/815/poverty-in-us-rises-all-racial-groups-in-us-are-poorer-except-asian

