Tuesday, August 30, 2005

Poverty Rate Rises to 12.7 Percent

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.
It marks the fourth straight increase in the government's annual poverty measure.
The Census Bureau also said household income remained flat, and that the number of people without health insurance edged up by about 800,000 to 45.8 million people.
"I was surprised," said Sheldon Danziger, co-director of the National Poverty Center at the University of Michigan. "I thought things would have turned around by now."
While disappointed, the Bush administration — which has not seen a decline in poverty numbers since the president took office — said it was not surprised by the new statistics.

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