Sunday, September 18, 2011

Number of Americans in poverty hits record high

The number of Americans living in poverty rose to 46.2 million last year, nearly one in six people, according to the US Census Bureau's annual report.

The 2010 data shows the poverty rate at 15.1%, from 14.3% in 2009. The number of Americans without health insurance also rose slightly to 49.9 million.

The poverty rate was the highest since 1983, and tied with the level in 1993.

See full Article.