Poverty Down For First Time in 8 Years
Source: WICS
The poverty rate fell by half a percent from 15 percent in 2012 to 14.5 percent in 2013, according to the U.S. Census Bureau, which government officials credit to an extra 2.8 million full-time jobs. This is the first time it has fallen since 2006.
There were still 45.3 million Americans living in poverty, though and the median income stayed just about flat, rising only $180.
Still,UIS management professor Ronald McNeil tells us the drop in poverty is good news.
Read more: http://www.wics.com/news/top-stories/stories/vid_19104.shtml
Somehow, I'm sure this will be bad news on DU.
jwirr
(39,215 posts)it seem like it is not changing. However it is improvement.
FSogol
(45,359 posts)marlene.elyse
(20 posts)but the poverty statistics are flawed because the threshold hasn't been changed since the 1960's.
Bettie
(15,998 posts)However, when I read this, my brain saw Puberty rate falls...and I wondered what that was all about.
It's been a long day.
Now, my husband is laughing his ass off.
cstanleytech
(26,080 posts)of 18 years just fired him and a bunch of other full timers to replace them with part timers at half the pay and they are capping them at under 25 hours a week.
ucrdem
(15,512 posts)PSPS
(13,512 posts)JoePhilly
(27,787 posts)Corey_Baker08
(2,157 posts)enough is enough...I need help
Major Hogwash
(17,656 posts)We shaved one-half of a percentage point off of the poverty level in just 1 year!!!!
Imagine what we could do next year with a Congress controlled by Democrats!!!
Todays_Illusion
(1,209 posts)http://www.usatoday.com/story/money/business/2014/07/19/us-states-with-higher-minimum-wages-gain-more-jobs/12879113/
Must have been sending the wrong message, the powers are heavy into wage suppression as witnessed by the fast food industry crying the blues for their tax subsidized wage theft business model.