Wednesday, September 25, 2002

Number of People Living in Poverty Increases in U.S.
The proportion of Americans living in poverty rose significantly last year, increasing for the first time in eight years, the Census Bureau reported today. At the same time, the bureau said that the income of middle-class households fell for the first time since the last recession ended, in 1991.

The Census Bureau's annual report on income and poverty provided stark evidence that the weakening economy had begun to affect large segments of the population, regardless of race, region or class. Daniel H. Weinberg, chief of income and poverty statistics at the Census Bureau, said the recession that began in March 2001 had reduced the earnings of millions of Americans.

The report also suggested that the gap between rich and poor continued to grow.

All regions except the Northeast experienced a decline in household income, the bureau reported. For blacks, it was the first significant decline in two decades; non-Hispanic whites saw a slight decline. Even the incomes of Asians and Pacific Islanders, a group that achieved high levels of prosperity in the 1990's, went down significantly last year.
http://www.nytimes.com/2002/09/25/national/25POVE.html

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