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The data shows this rate jumped to a national level of 7.3 percent (still a projected number) from 2021 to 2023. Broken down by state, Arizona saw the highest increase (10.4 percent), while Hawaii ...
Jennifer, Michael and their son make do on an income of $20,000, which means that, technically, they're hovering just above the poverty line. But as Jennifer says, "We're poor on paper, but we don ...
Real median household income rose to $80,610 in 2023, up 4.0% from 2022, back to the peak reached in 2019, while earnings for workers as a whole were higher than before the pandemic, a boost to ...
Income inequality has fluctuated considerably in the United States since measurements began around 1915, moving in an arc between peaks in the 1920s and 2000s, with a 30-year period of relatively lower inequality between 1950 and 1980. The U.S. has the highest level of income inequality among its (post-)industrialized peers. [1]
As a reference point, the US minimum wage since 2009 has been $7.25 per hour or $15,080 for the 2080 hours in a typical work year. The minimum wage is approximately 25% over the official U.S. government-designated poverty income level for a single person unit (before taxes) and about 63% of the designated poverty level for a family of four ...
Mink, Gwendolyn, and Alice O'Connor, eds. Poverty in the United States: An Encyclopedia of History, Politics, and Policy (ABC-CLIO 2004). Patterson, James T. (2000) America's Struggle against Poverty in the Twentieth Century (Harvard UP, 2000) online. Prasad, Monica (2012). The Land of Too Much: American Abundance and the Paradox of Poverty.
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