China Usa Washington city Washington city Chicago pandemic Government bill China Usa Washington city Washington city Chicago

Nearly 8M have fallen into poverty since summer as US sees largest increase in single year

Reading now: 786
www.fox29.com

WASHINGTON - Poverty in the United States has risen sharply in recent months amid the coronavirus pandemic, with 7.8 million Americans falling into poverty since the summer, according to new data released this month.In November, the poverty rate spiked to 11.7%, an increase of 2.4 percentage points since June.

The figures were released Dec. 15 as part of a study by researchers at the University of Chicago, the University of Notre Dame and Zhejiang University in China.The poverty rate in the U.S.

is low compared to figures in previous decades.But 2020 had the biggest increase in poverty in a single year since the government began tracking these figures in the 1960s, study authors James X.

Read more on fox29.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA