Printer Friendly

One in six Americans living below poverty line: Census.

WASHINGTON, September 15, 2011 (Frontier Star): One in six Americans are now living below poverty line, the Census Bureau said in a report published on Wednesday, reflecting the adverse impact of economic crisis on common man. "The nation's official poverty rate in 2010 was 15.1 per cent, up from 14.3 per cent in 2009 - the third consecutive annual increase in the poverty rate," Census Bureau said in its report. "There were 46.2 million people in poverty in 2010, up from 43.6 million in 2009 - the fourth consecutive annual increase and the largest number in the 52 years for which poverty estimates have been published," it said. These findings are contained in the report 'Income, Poverty, and Health Insurance Coverage in the United States. The government defines the poverty line as income of USD 22,314 a year for a family of four and USD 11,139 for individual. Census Bureau said, the number of people without health insurance coverage rose from 49.0 million in 2009 to 49.9 million in 2010, while the percentage without coverage - 16.3 per cent - was not statistically different from the rate in 2009. Since 2007, the year before the most recent recession, real median household income has declined 6.4 per cent and is 7.1 per cent below the median household income peak that occurred prior to the 2001 recession in 1999.

(THROUGH ASIA PULSE)
COPYRIGHT 2011 Asia Pulse Pty Ltd
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2011 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Frontier Star (Northwest Frontier Province, Pakistan)
Date:Sep 15, 2011
Words:237
Previous Article:Pakistan High Commission for helping flood victims in Sindh.
Next Article:Copper stealing scam; Major Ayub dismissed.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters