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Record number of Americans living in poverty
Posted By kurtnimmoadmin On September 16, 2010 @ 11:14 am In U.S. News | Comments Disabled
September 16, 2010
The number of people living in poverty in America rose by nearly 4 million to 43.6 million in 2009 — the largest figure in the 51 years for which poverty estimates are available — the Census Bureau said Thursday.
The bureau said in a statement that the official poverty rate was 14.3 percent, or 1 in 7 of Americans, the highest proportion of the population since 1994.
It was the third consecutive annual increase, up from 39.8 million, or 13.2 percent, in 2008.
The bureau added that there were 8.8 million families living in poverty in 2009.
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