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US Poverty Rate Hits 11-Year High

First figures since recession reveal decline in incomes

By Jason Farago,  Newser Staff

Posted Sep 30, 2009 5:23 AM CDT

(Newser) – The share of Americans living in poverty soared to 13.2% last year, its highest level since 1997, according to new census data. Median household income also fell, to $50,303 from $52,163 the previous year. Latinos have suffered the most from the recession....   Read full story »

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