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Number of Americans in poverty hits record high (BBC)

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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-13-11 04:30 PM
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Number of Americans in poverty hits record high (BBC)
The number of Americans living in poverty rose to a record 46.2 million last year, official data has shown.

This is the highest figure since the US Census Bureau started collecting the data in 1959.

In percentage terms, the poverty rate rose to 15.1%, up from 14.3% in 2009.

The US definition of poverty is an annual income of $22,314 (£14,129) or less for a family of four and $11,139 for a single person.

The number of Americans living below the poverty line has now risen for four years in a row, while the poverty rate is the biggest since 1993.
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more: http://www.bbc.co.uk/news/business-14903732
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