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IPFS News Link • Economy - Economics USA

America's Lost Decade - Another One in Progress Now

09-19-2010 • GlobalEconomicAnalysis.blogspot.com

Lost Decade Lowlights Americans living in poverty rose sharply to 14.3% from 13.2% in 2008 Poverty level is the highest since 1994 43.6 million Americans are living below the official poverty threshold Inflation-adjusted income of the median household fell 4.8% between 2000 and 2009 The number of 25-to-34-year-olds living with their parents rose 8.4% to 5.5 million in 2010 from 2008 Child poverty rose to 23.8% for kids under six in 2009, compared to 21.3% a year earlier

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Reported By Jack Gregson

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