Census: U.S. poverty rate swells to nearly 1 in 6 (Updated)
”Women’s financial insecurity, as shown by the Census numbers, has many implications, including fewer assets over the lifespan, greater numbers of female elders in poverty, children who are getting a poorer start in life, stress-induced health problems and lower employment levels, said Teresa Younger, executive director ofConnecticut’s Permanent Commission on the Status of Women. “This is far from a ‘women’s problem’: these consequences ripple out to affect all of society,” she said.”
From 2009 to 2010, the nation’s median household income declined, the poverty rate increased and the percentage of persons without health insurance coverage was not statistically different year over year, according to data the U.S. Census Bureau released Tuesday.
Real median household income in the United States in 2010 was $49,445, a 2.3 percent drop from the 2009 median.
The nation’s official poverty rate last year was 15.1 percent, up from 14.3 percent in 2009, registering the third consecutive annual increase in the poverty rate.