U.S. Census data announced last week, and analyzed by the Brookings Institute's William H Frey, confirms what many American workers are experiencing: economic gains since the so-called recovery began in 2009, are "halting and uneven." Here are some of the findings included in an article by AP reporter, Hope Yen:
- In 2012, 46.5 million Americans lived in poverty, unchanged from 2011.
- In 2012, 13.6% of all U.S. households received Food Stamps. The highest level on record.
- In 2012, 44% of all Food Stamps households had one or more persons with disabilities.
- In Mississippi, 1 out of 3 kids live in poverty, but California has the highest number of children living in poverty with 2.2 million kids.
- Home ownership declined for the 5th straight year in a row to 63.9%.
- Households earning less than $25,000 now make up 24% of all U.S. households
- Households earning between $50,000 - $100,000 slipped from 31.2% to 29.9%.
source article at link:
http://news.yahoo.com/census-no-sign-economic-rebound-many-us-040228468.html
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