poverty level

2 Stories

US Poverty Rate to Hit Highest Since 1960s

Economists think it'll hit 15.7% this year

(Newser) - The ranks of America's poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net. The AP surveyed more than a dozen economists, think tanks, and academics,... More »

Ranks of Poorest Poor Swell to New High

One in 15 live below half the poverty level

(Newser) - We've got the top 1% , the 99% , and the 53% , but the poorest of the nation's poor has hit a new high: 6.7% of Americans now fall below half of the federal poverty line, reports the AP . That means about 20.5 million Americans, or one in... More »

2 Stories