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Showing posts with label poverty. Show all posts
Showing posts with label poverty. Show all posts

Thursday, September 16, 2010

Poverty rates jump to record in U.S.

The poverty rate in the United States rose to 14.3% in 2009, the highest since 1994, up from 13.2% in 2008, the Census Bureau reported Thursday. A record 43.6 million Americans were in poverty last year. Meanwhile, real median household income in 2009 was $49,777, not statistically different from the prior year. Real median income fell 1.8% for family households, and rose 1.6% for nonfamily households.