Great, huh? Robust economy...adding jobs....uh huh. :eyes:
Poverty Rate Rises to 12.7 Percent
Changes Marks Fourth Consecutive Increase
By JENNIFER C. KERR, AP
WASHINGTON (Aug. 31) - Even with a robust economy that was adding jobs last year, the number of Americans who fell into poverty rose to 37 million - up 1.1 million from 2003 - according to Census Bureau figures released Tuesday.
Overall, the nation's poverty rate rose to 12.7 percent of the population last year. Of the 37 million living below the poverty level, close to a third were children.
The last decline in overall poverty was in 2000, during the Clinton administration, when 31.1 million people lived under the threshold. Since then, the number of people in poverty has increased steadily from 32.9 million in 2001, when the economy slipped into recession, to 35.9 million in 2003.
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