Economy

Poverty Rate Rose To 13.2% Last Year

The negative effects of the recession showed up in the nation's poverty rate last year.

According to the Census Bureau:

The nation's official poverty rate in 2008 was 13.2%, up from 12.5% in 2007. There were 39.8 million people in poverty in 2008, up from 37.3 million in 2007.

Census also says that:

The increase in the poverty rate between 2007 and 2008 was the first statistically significant annual increase since 2004. The 2008 poverty rate (13.2 percent) was the highest since 1997.

Earlier, we noted that Census also says the number of people without health insurance passed 46 million in 2008.

The full report is here.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.