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New Poverty Data Paints Grim Picture

On September 10, the U.S. Census Bureau released new data on poverty and insurance coverage in the United States. Here are some highlights:

  • In 2008, the number of Americans living in poverty increased by nearly 2.6 million to 39.8 million.
  • The poverty rate increased for children under age 18 to 19% in 2008, up from 18% in 2007.
  • Real median household income fell 3.6% between 2007 and 2008, from $52,163 to $50,303.
  • The number of uninsured individuals rose to 46.3 million.
  • The number of uninsured children declined from 8 million in 2007 to 7 million in 2008.

Read more». Also check out Poverty Rose, Median Income Declined, and Job-Based Health Insurance Continued to Weaken in 2008 and Private Health Coverage Declined, Became Less Secure In 2008  

09/22/2009