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  1. #1
    Senior Member Brian503a's Avatar
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    U.S. Poverty Rate Rises To 12.7 Percent

    www.10news.com

    U.S. Poverty Rate Rises To 12.7 Percent
    Asians Only Ethnic Group To Show Poverty Decline


    POSTED: 10:59 am PDT August 30, 2005
    UPDATED: 11:08 am PDT August 30, 2005

    WASHINGTON -- The number of poor people in the United States is up to 37 million, or about 12.7 percent of the population.

    The Census Bureau said the number of poor in 2004 was up 1 million from 2003.

    It's the fourth straight annual increase.

    A top Census official said the increase is much like what happened in the early 1990s, when a recession "was officially over," but people kept getting poorer.

    A top official at the National Poverty Center at the University of Michigan said the news was not all bad.

    Sheldon Danziger, the co-director of the poverty center, said the "good news" is that poverty "is a lot lower than it was in 1993."

    Danziger said the last four years of rising poverty rates haven't yet eclipsed last decade's economic boom.

    The Census Bureau said Asians are the only ethnic group to show a decline in poverty.

    The poverty rate among the elderly also went down.

    The last decline in overall poverty was in 2000.

    While the percentage of people without health insurance did not change, the raw number is up by nearly 1 million people, to 45.8 million.

    But the number of people with coverage grew by 2 million last year.

    The poverty threshold differs by the size and makeup of a household.

    For instance, a family of four with two children was considered living in poverty if income was $19,157 or less.

    For a family of two with no children, it was $12,649.

    For a person 65 and over living alone, it was 9,060.
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  2. #2
    Senior Member Scubayons's Avatar
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    This is not surprising to any of us on here. We all know why this is? and I am sure it will be rising faster and faster.
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  3. #3
    Senior Member Brian503a's Avatar
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    Found another article with some more information.

    http://www.miami.com/mld/miamiherald/ne ... 513884.htm

    Posted on Tue, Aug. 30, 2005



    Poverty rate rises to 12.7 percent

    JENNIFER C. KERR
    Associated Press

    WASHINGTON - Even with a robust economy that was adding jobs last year, the number of Americans who fell into poverty rose to 37 million - up 1.1 million from 2003 - according to Census Bureau figures released Tuesday.

    It marks the fourth straight increase in the government's annual poverty measure.

    The Census Bureau also said household income remained flat, and that the number of people without health insurance edged up by about 800,000 to 45.8 million people.

    "I was surprised," said Sheldon Danziger, co-director of the National Poverty Center at the University of Michigan. "I thought things would have turned around by now."

    While disappointed, the Bush administration - which has not seen a decline in poverty numbers since the president took office - said it was not surprised by the new statistics.

    Commerce Department spokeswoman E.R. Anderson said they mirror a trend in the '80s and '90s in which unemployment peaks were followed by peaks in poverty and then by a decline in the poverty numbers the next year.

    "We hope this is it, that this is the last gasp of indicators for the recession," she said.

    Democrats seized on the numbers as proof the nation is headed in the wrong direction.

    "America should be showing true leadership on the great moral issues of our time - like poverty - instead of allowing these situations to get worse," said John Edwards, the former North Carolina senator and Democratic vice presidential candidate. He has started a poverty center at the University of North Carolina at Chapel Hill.

    Overall, the nation's poverty rate rose to 12.7 percent of the population last year. Of the 37 million living below the poverty level, close to a third were children.

    The last decline in overall poverty was in 2000, during the Clinton administration, when 31.1 million people lived under the threshold. Since then, the number of people in poverty has increased steadily from 32.9 million in 2001, when the economy slipped into recession, to 35.8 million in 2003.

    The poverty threshold differs by the size and makeup of a household. For instance, a family of four was considered living in poverty last year if annual income was $19,307 or less. For a family of two, it was $12,334.

    The increase in poverty came despite strong economic growth, which helped create 2.2 million jobs last year - the best showing for the labor market since 1999. By contrast, there was only a tiny increase of 94,000 jobs in 2003 and job losses in both 2002 and 2001.

    Asians were the only ethnic group to show a decline in poverty - from 11.8 percent in 2003 to 9.8 percent last year. The poverty rate for whites rose from 8.2 percent in 2003 to 8.6 percent last year. There was no noticeable change for blacks and Hispanics.

    The median household income, meanwhile, stood at $44,389, unchanged from 2003. Among racial and ethnic groups, blacks had the lowest median income and Asians the highest. Median income refers to the point at which half of households earn more and half earn less.

    Regionally, income declined only in the Midwest, down 2.8 percent to $44,657. The South was the poorest region and the Northeast and the West had the highest median incomes.

    The number of people without health insurance coverage grew from 45 million to 45.8 million last year, but the number of people with health insurance grew by 2 million.

    Charles Nelson, an assistant division chief at the Census Bureau, said the percentage of uninsured remained steady because of an "increase in government coverage, notably Medicaid and the state children's health insurance program that offset a decline in employment-based coverage."

    The estimates on poverty, uninsured and income are based on supplements to the bureau's Current Population Survey, and are conducted over three months, beginning in February, at about 100,000 households nationwide.
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  4. #4
    Senior Member Brian503a's Avatar
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    Here's the actual Census Bureau Report.

    www.census.gov/Press-Release

    FOR IMMEDIATE RELEASE
    TUESDAY, AUGUST 30, 2005, AT 10:10 A.M. EDT

    Income Stable, Poverty Rate Increases, Percentage of Americans
    Without Health Insurance Unchanged


    Real median household income remained unchanged between 2003 and 2004 at $44,389, according to a report released today by the U.S. Census Bureau. Meanwhile, the nation’s official poverty rate rose from 12.5 percent in 2003 to 12.7 percent in 2004. The percentage of the nation’s population without health insurance coverage remained stable, at 15.7 percent in 2004. The number of people with health insurance increased by 2.0 million to 245.3 million between 2003 and 2004, and the number without such coverage rose by 800,000 to 45.8 million.

    These findings are contained in the Income, Poverty, and Health Insurance Coverage in the United States: 2004 [PDF] report. The report’s data were compiled from information collected in the 2005 Annual Social and Economic Supplement (ASEC) to the Current Population Survey (CPS).



    Source of Estimates and Statistical Accuracy
    As with all surveys, the estimates may differ from the actual values because of sampling variation or other factors. All statements in this news release have undergone statistical testing, and all comparisons are significant at the 90-percent confidence level, unless otherwise noted.


    Also released today were tabulations from the 2004 American Community Survey (ACS), some of which are included in the report: Income, Earnings and Poverty from the 2004 American Community Survey [PDF].

    The ACS is a powerful new tool. In the past, local policymakers had to choose between using old local data from the last census and new national data. The ACS provides a new level of local timeliness, giving policymakers current local data. Gathered from the largest household survey in the United States, the ACS data herein is based on the collection of information from 800,000 addresses sampled during the 2004 survey period.

    The fact sheet, Differences Between the Income and Poverty Estimates From the American Community Survey and the Current Population Survey Annual Social and Economic Supplement, provides information on the differences in concepts and purposes of the ACS and the CPS.

    Current Population Survey

    The 2005 Current Population Survey Annual Social and Economic Supplement shows the following results:

    Income

    Overview

    2004 marked the second consecutive year in which real median household income showed no change.
    Race and Hispanic Origin

    Real median household income did not change between 2003 and 2004 for non-Hispanic whites, blacks or Asians or for households with Hispanic householders.


    Black households had the lowest median income in 2004 ($30,134) among race groups. Asian households had the highest median income ($57,51. The median income for non-Hispanic white households was $48,977. Median income for Hispanic households was $34,241.


    Comparison of two-year moving averages (2002-2003 and 2003-2004) showed that the real median income for households with householders who reported American Indian and Alaska native as their race was statistically unchanged. The same was true for native Hawaiian and other Pacific islander households.
    Regions

    Real median household income remained unchanged between 2003 and 2004 in three of the four census regions â€â€
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  5. #5
    tms
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    After Hurricane Katrina this will go up that's for sure! NO, MS, AL have a lot of people in poverty. Even the people who weren't are probably now in poverty because they can't work and have no homes and etc. I thought my situation was bad! Not to mention the price of gas goes up, lumber, seafood and timber goes up! We pay! What's Next?
    "The defense of a nation begins at it's borders" Tancredo

  6. #6
    Senior Member jp_48504's Avatar
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    My retail sales were down 50% this month. I may be joining the ranks soon along with many other retailers who are closing shop..
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  7. #7
    tms
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    That sucks, WELL YOU CAN ADD ME AND MY FAMILY ARE LIVING IN POVERTY ARE IN POVERTY LEVEL. I just got a job maybe we will just squeeze buy this time but still be close or at 185%. Sad we work so hard like you and most legal Amercian's. We don't spend, or have cc debt. I feel for you JP. I wish I had money to spend at smaller stores and retailers to keep them in buisness. USA/American that is.

    The price of oil and gas is what concerns me because we are struggling just to afford that. Most suburbs or rural areas (like out here in Colorado) don't have mass transportation or bus systems to save people money on gas.
    "The defense of a nation begins at it's borders" Tancredo

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