46 mn Americans live in povertySeptember 13th, 2012 - 8:04 am ICT by IANS
Washington, Sep 13 (IANS) About 46 million Americans lived in poverty last year, accounting for 15 percent of the population, the US census bureau announced Wednesday.
The poverty rate was not statistically different from that in the previous year, stopping a post-recession climb, Xinhua reported.
Census figures also showed that real median household income in 2011 was $50,054, a 1.5-percent decline from the 2010 median and the second consecutive annual drop.
The number of people without health insurance coverage declined from 50 million in 2010 to 48.6 million in 2011, as did the percentage without coverage — from 16.3 percent in 2010 to 15.7 percent in 2011.
Reid Cramer, director of the Asset Building Programme at New America Foundation, said although the number of people living in poverty ended its post-recession climb, “we’re still stalled at a historic and unacceptable level”.
“The new data offers another indication of just how pervasive economic hardship has become,” said Cramer, adding it also “underscores the importance of maintaining a strong and viable social safety net”.
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Tags: 50 million, 6 million, census bureau, census figures, decline, economic hardship, health insurance, health insurance coverage, median household income, new america foundation, poverty rate, previous year, real median household income, recession, reid cramer, safety net, social safety, unacceptable level, us census bureau, xinhua