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Entries in Poverty (2)

Thursday
Jan122012

'Worse Off': US Poverty Rate Soars 27 Percent During Great Recession

Pixland/Thinkstock(BLOOMINGTON, Ind.) -- While many headlines are touting an economy in recovery, stunning new numbers are turning that perception on its head. At least 10 million Americans can say they are much worse off now than they were before the Great Recession struck in late 2007.

An Indiana University study released Wednesday reveals that the number of people living in poverty in the U.S. jumped from 36.5 million in 2006 to 46.2 million in 2010.  That's a 27 percent increase during a time when the general population only grew by 3.3 percent.

The current poverty line for a family of four in the U.S. is $22,113 annually.

The researchers said they got their figures from the 2010 Census Bureau data as well as from other government agencies.

While there have been some signs that the economy is starting to turn around, it wasn't quick enough to keep others from falling into poverty in 2011 due to the tepid recovery, high rate of unemployment and number of Americans who've been out of work for a long time or have just given up looking for a job.

Copyright 2012 ABC News Radio

Thursday
Nov032011

US Poverty Hits Record Level

iStockPhoto/Thinkstock(WASHINGTON) -- The number of America’s poorest poor has reached a record high -- 1 in 15 people -- the U.S. Census Bureau said Thursday.

Some of the biggest jumps in poverty were reported not in the traditionally depressed inner cities, but in the once-booming suburbs of the Sun Belt, home to the worst ravages of the foreclosure crisis.  The largest increases were reported in Las Vegas, Riverside, Calif., and Cape Coral, Fla.

From his rented apartment in Miami, Frank Gil keeps hearing the recession is over. “I don't know how they keep saying that,” he said. “It seems every day is a little bit worse.”

Gil is among the 7 percent of the American population that makes up the poorest of the poor -- those with a family income of less than $11,157.

“We try to just spend on necessities,” he said.

Since 2007, neighborhoods where at least four out of 10 people are living in poverty have stretched over broader areas -- increasing in suburbs twice as fast as in cities.

The Census Bureau says 40 states had increases in the number of its poorest poor since 2007.  No state saw a decrease.

Copyright 2011 ABC News Radio







ABC News Radio