global economyLife data

By the end of 2020, the poverty rate in the United States has increased the most since the 1960s

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The latest research shows that by the end of 2020, the poverty rate in the United States has increased the most since the 1960s. As the United States continued to suffer from COVID-19, the poverty rate in the second half of 2020 increased by 2.4 percentage points, almost two times the largest increase since 1960s.

That means an additional 8 million poor people across the country. In addition, it is estimated that the poverty rate of black Americans has increased by 5.4 percentage points, an increase of 2.4 million people.

Source: Zhibao

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