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Number of Poor Americans Hits New High: One in 15 (412 hits)


The ranks of America's poorest poor have climbed to a record high - 1 in 15 people - spread widely across metropolitan areas as the housing bust pushed many inner-city poor into suburbs and other outlying places and shriveled jobs and income. New census data paint a stark portrait of the nation's haves and have-nots at a time when unemployment remains persistently high. It comes a week before the government releases first-ever economic data that will show more Hispanics, elderly and working-age poor have fallen into poverty.

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http://www.blacknews.com/news/poor_america...
Posted By: Jen Fad
Thursday, November 10th 2011 at 4:45PM
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