Thursday, November 3, 2011

Poorest poor in US hits new record: 1 in 15 people

New census information paints a stark portrait of the nation's haves and have-nots with the ranks of America's poorest poor reaching further into mainstream America.

The poorest Americans have now reached a record high 1 in 15 people, spread widely across metropolitan areas as the housing bust pushed many inner-city poor into suburbs and other outlying places and shriveled jobs and income.

The new information comes a week before the government releases first-ever economic data that will show more Hispanics, elderly and working-age poor have fallen into poverty.

www.wwmt.com/articles/america-1397836-poor-poorest.html


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