Census report shows rising poverty in US
The number of children living below the official poverty line increased much more sharply in 2007, rising to 13.3 million from 12.8 million in 2006, an increase of 3.9 percent. According to the governments figures, 17.4 percent of American children were in poverty last year.
The poverty level for Latinos and foreign-born Americans also rose more sharply than the overall increase.
The official poverty rates for both adults and children are considerably higher than their low points in the 1990s. Between 2001 (when the official poverty rate was 11.3 percent) and 2007a period of economic expansion marked by a massive accumulation of wealth at the very top of American societythe poverty rate rose by 10.6 percent. The rate for 2007 marked the biggest jump in poverty during an economic recovery in US history.
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