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Tougher times for US households: lower income, higher poverty

Pinned on January 29, 2013 at 3:20 am by Admin

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Tougher times for US households: lower income, higher poverty

The recession officially ended more than two years ago. But the percentage of people living in poverty — with household incomes below $22,350 for a family of four — has continued to rise. Data released September 22, 2011 by the U.S. Census Bureau show that 20 states saw a 20 percent or higher increase in the poverty rate from 2007 to 2010. At the same time, median incomes have continued on a downward path.

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