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On The Rise: Poverty In America

URA MORE AMERICANS U¢H LIVING IN POVERTY A HISTORICAL LOOK AT POVERTY IN AMERICA: 1970 to 2009 Despite the ouerall population growing by 50% since 1970.. 300m 200m Total US Population 50m 43.6 Million in 2009 25.4 Million in 1970 Below Pouerty line '70 '75 '80 '85 '90 '95 '00 '05 '09 .those liuing in pouerty have nearly doubled from 25.4 million people in 1970 to 43.6 million in 2009. Poverty by Recession, 1969 to 2009: [RECESSION OF] DEC 1969 to NOV 1970 JAN 1980 to JUL 1980 & JUL 1981 to NOV 1982 NOV 1973 to MAR 1975 +3.6% +6.4% +1.2% +0.4% +2.7% +1.3% 1.4m more people 2.9m more people in 1.5m more children 10.8m more people in poverty 860,000 more 4m more children im in poverty children in poverty poverty in poverty poverty JUL 1990 to MAR 1991 MAR 2001 to NOV 2001 DEC 2007 to JUNE 2009 YEAH GOOD NEWSI +1.9% +1.2% +0.2% +2.7% +1.7% -0.4% 1.8m more people in poverty 147,000 less children in poverty 3.3m more people 1.2m more children 6.3m more people 2.1m more children in poverty in poverty in poverty in poverty M = MILLION RECENT [UGLY] HISTORY: Poverty Rate by State, 2007 to 2009: '07 '08 09 '07 '08 09 '07 '08 '09 '07 08 09 '07 '08 09 '07 '08 09 AL 14.5 14.3 16.6 DC 18 16.5 17.9 KS 11.7 12.7 13.7 MS 22.6 18.1 23.1NC 15.5 13.9 16.9 TN 14.8 15 16.5 AK 7.6 8.2 11.7 FL 125 13.1 14.6 KY 15.5 17.1 17 MO 12.8 13.3 15.5 ND 9.3 11.8 10.9 TX 16.5 15.9 17.3 AZ 14.3 18 21.2 GA 13.6 15.5 18.4 LA 16.1 18.2 14.3 MT 13 12.9 13.5 OH 12.8 13.7 13.3 UT 9.6 7.6 9.7 AR 13.8 15.3 18.9 HI 7.5 9.9 12.5 ME 10.9 12 11.4 NE 9.9 10.6 9.9 OK 13.4 13.6 12.9 VT 9.9 9 9.4 CA 12.7 14.6 15.3 ID 9.9 12.2 13.7 MD 8.8 8.7 9.6 NV 9.7 10.8 13 OR 12.8 10.6 13.4 VA 8.6 10.3 10.7 CO 9.8 11 123 IL 10 12.3 13.2 MA 11.2 11.3 10.8 NH 5.8 1 7.8 PA 10.4 11 11.1 WA 10.2 10.4 11.7 8.9 8.1 8.4 IN 11.8 14.3 16.1 MI 10.8 13 14 NJ 8.7 9.2 9.3 RI 9.5 12.7 13 wy 14.8 14.5 15.8 DE 9.3 9.6 12.3 IA 8.9 9.5 10.7 MN 9.3 9.9 11.1 NM 14 19.3 19.3 SC 14.1 14 13.7 WI 11 9.8 10.8 Highest percentage in poverty: Mississippi Lowest percentage in poverty: New Hampshire NY 14.5 14.2 15.8 SD 9.4 13.1 14.1 WY 10.9 10.1 9.2 2008 and 2009 Gender, Race, and Origin Changes in Poverty: Poverty Rate Defined: The percentage of individuals living below the poverty line, as part of the whole population. Male Female White Black Asian Hispanic 80. "09 '08 60, 60, 80. 60, 80, 60, 80. 60, 80, BELOW 1.58m 1.75m THE 4.76m 5.26m 5.95m 6.42m 9.38m 9.94m POVERTY RATE: POVERTY POVERTY RATE: 10.9m 12.3m 11.8% 12.5% LINE POVERTY RATE: 22.6% 24.0% 18.9% 20.0% POVERTY RATE: 24.7% 25.8% (IN MILLIONS) POVERTY RATE: 23.2% 25.3% 26.9m 29.8m POVERTY RATE: 11.2% 12.3% From 2008 to 2009, the Hispanic population living below the poverty line grew by 2.1%: the highest rate of all ethnic groups. The Asian population living below the poverty line registered the slowest growth rate: 0.6%. From 2008 to 2009 the population of men living below the poverty line grew by 1.1%, while the population of women living below the poverty line grew by 1.3% White Americans are the largest racial group living in poverty, but blacks have the highest percentage rate of people in poverty. What the Experts Have to Say: In 2009, women who worked full time, year round, earned 79% as much as men in the same Just under 51 million Americans had no health insurance in 2009, up from 46.3 million in 2008. The top-earning 20% of Americans, who make more than $100,000 each year, receiued 49.4% of all income generated in the United States, compared to 3.4% earned by those below the pouerty line. employment group. "Income inequality is rising, and if we took into account tax data, it would be euen more," "More than other countries, we have a very unequal income distribution where compensation goes to the top in a winner-takes-all economy. The ratio betwween top-earning Americans and those below the -Timothy Smeeding, a University of Wisconsin-Madison professor specializing in poverty. 10=5% poverty line grew from 13.6-to-1 in 2008 Dauid Johnson, head of the U.S. Census Bureau's housing and household economic diuision, stated that currently we haue "the highest number of uninsured since 1989, the first year compatible health insurance data were collected." to 14.5-to-1 in 2009. SOURCES: wwW.CENSUS.GOV (U.S. CENSUS BUREAU 2010) WWW.STATEOFTHEUSA.ORG WWW.ABC.NET.AU wWW.MSNBC.MSN.COM ECONOMIX.BLOGS.NYTIMES.COM mint.com

On The Rise: Poverty In America

shared by aleks on May 18
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In 2009, 43.6 million Americans, or 14.3% of the population, lived at or below the poverty level. For a family of four, that meant living with an income of $21,954 or less, and though some question th...

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