Advertisement

US poverty rate declines

A stronger US economy lifted American household incomes last year and drove the poverty rate down to the level seen before the financial crisis.
     
The median household income increased by 3.2% to $59,039, rising for a second consecutive year as more people found full time jobs. 
     
At the same time, those living below the poverty line fell to 12.7%, the lowest since 2007.
     
Women's earnings also rose relative to men's for the first time in 10 years. 


comments powered by Disqus
More Stories
Most Popular
Controversy surrounds NCB's bid for Guardian...
Knutsford Express reports increased profits
Oil prices near three-year high