31 August 2005

U.S. Poverty Rate Was Up Last Year

Published: August 31, 2005

WASHINGTON, Aug. 30 - Even as the economy grew, incomes stagnated last year and the poverty rate rose, the Census Bureau reported Tuesday. It was the first time on record that household incomes failed to increase for five straight years.

The portion of Americans without health insurance remained roughly steady at 16 percent, the bureau said. A smaller percentage of people were covered by their employers, but two big government programs, Medicaid and military insurance, grew.

0 Comments:

Post a Comment

<< Home