The U.S. Economy is Still in the Poorhouse
(Technorati) — Thursday, the U.S. Census Bureau will issue a report on the 2009 poverty level and demographers expect the figure to rise from 13.2% to 15% which equates to 45 million people. This would be the largest year-over-year increase since the Census Bureau started keeping track in 1959. Among working adults aged 18-64 the figure is expected to reach 12.4% which is up from 11.7% in 2008 and the highest level since 1965.
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