Despite the country's official unemployment rate falling by 40%, from 11.1% in June to 6.7% in November, poverty steadily climbed each month over this period, with a total of 7.8 million Americans descending into poverty. a nationally representative survey of about 60,000 households each month.
, Black Americans, children and those with a high school education or less have disproportionately been impacted. Poverty rates for Blacks have risen by 3.1% since June. The poverty rate for individuals without a college degree has climbed from 17% in June to 22.1% in November. ApproximatelyThe study notes that poverty rates may continue to soar due to the expiration of additional benefits later this month.
Meanwhile... Brazil virus payout cuts extreme poverty to least in decades - ABC News via ABC -
And all trump cares about is himself
Can't be...government says we've fully recovered economically. :/
Onward and upward. Markets luv these stats, only means that more gov’t $$ is coming
For those of you that are not good at math. That’s over 25% increase.
26k is the poverty line for a family of four That's barely enough for one adult.
And the feds respond with $600/person aid. Entire Congress needs to lose their pay, perks, homes, food & vaccines.
😷
and china is 2%, thanks to china-American trade imbalance
I belong to a nation not made with human hands. What about you?
hope everything goes back normal soon!
Thanks to the swamp!
What about India
Thank God politicians haven't missed a paycheck
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