As reported by the site Xinhua.net, Tuesday (29/11), in a survey of Economic Security Index (ESI) developed by Professor Jacob Hacker is found, one in five Americans will experience a decrease in revenue of up to 25%. This is what makes the 62 million Americans are on the threshold of poverty.
ESI also found there are some groups that are very affected by the blows of this economic crisis. Those among them who have limited education levels, racial minorities, as well as workers at the youth level. Previous census found that the U.S. poverty rate continues to skyrocket. If in September, there were 46.6 million poor people. Now that number increased to 49.1 million people living below the poverty line.
United States set records the highest poverty rate since 1993. The U.S. also broke the record version of the poorest countries Organization for Economic Cooperation and Development (OECD). Underscoring the economic challenges facing U.S. President Barack Obama and Congress, the U.S. Census Bureau noted the poverty rate increased 15.1 percent in 2010 [See: U.S. Poverty Rate has skyrocketed]. (ARI)
