U.S. median income dropped in 2020 and poverty rose, Census data shows

Summary by Reuters

The median U.S. household income decreased in 2020 and the poverty rate rose, according to a government survey released on Tuesday that helps to quantify how much Americans' finances were affected after the coronavirus pandemic severely disrupted the U.S. economy

Published 2 years ago · Washington, United States

News Articles

More Filters

All

Left

Center

Right

The Guardian

US poverty fell in 2020 as government support offset pandemic damage

Figures released by Census Bureau showing drop in poverty rate to 9.1% bolster arguments about effectiveness of state intervention US poverty fell in 2020, evidence that government aid can lift millions of Americans out of poverty – even in a global health and economic crisis.The first months of 2020 were marked by unemployment levels unseen since the Great Depression, but the US supplemental poverty rate fell to 9.1% in 2020 from 11.7% the year…

2 years ago·London, United Kingdom

Read Full Article

Reuters

U.S. median income dropped in 2020 and poverty rose, Census data shows

2 years ago·United Kingdom

Read Full Article

The Independent

Census: Relief payments staved off hardship in COVID crash

The share of Americans living in poverty rose slightly as the COVID-19 pandemic shook the economy last year, but massive relief payments pumped out by Congress eased hardship for many

2 years ago·London, United Kingdom

Read Full Article

USA Today

Poverty rate rose, income fell last year amid COVID-19 pandemic and lockdowns

Incomes fell last year and more people lived in poverty\u00a0as the COVID-19 pandemic threw millions out of work. Median household income fell to $67,500,

2 years ago·United States

Read Full Article

Associated Press News

Census: Relief payments staved off hardship in COVID crash

WASHINGTON (AP) — The share of Americans living in poverty rose slightly as the COVID-19 pandemic shook the economy last year, but massive relief payments pumped out by Congress eased hardship for many, the Census Bureau reported Tuesday.

2 years ago·United States

Read Full Article

abc News

Census: Relief payments staved off hardship in COVID crash

The share of Americans living in poverty rose slightly as the COVID-19 pandemic shook the economy last year, but massive relief payments pumped out by Congress eased hardship for many

2 years ago·United States

Read Full Article