Thursday, September 16, 2010

43.6 Million Americans (One in Seven) in Living in Poverty

The spike in poverty levels is the largest since the government started keeping records, just over five decades ago.

"One in seven Americans are living in poverty, the U.S. Census Bureau reported today -- the highest level since 1994.
An estimated 43.6 million Americans in 2009 were living off incomes below the federal poverty line, or around $11,000 for an individual under 65 or $22,000 for a family of four.

The total number, an increase of 3.7 million over 2008, is the largest in 51 years, since the government first started tracking poverty data.

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