The number of children in poverty fell by 46% in 2021 compared to the previous year, but poverty among people 65 and older rose 13%, according to a new U.S...
The number of children in poverty fell by 46% in 2021 compared to the previous year, but poverty among people 65 and older rose 13%, according to a new U.S Census report.offers a glimpse into the economy of Americans coping with the effects of the COVID-19 pandemic and the impact of president Joe Biden’s $1.8 trillion American Rescue Plan to counter the economic slowdown, high unemployment and inflation.
The 5.2% child poverty rate in 2021 is considered the lowest on record supplemental poverty measure, which takes into account government programs for low-income families that aren’t included in the official poverty measure.