Economy/Business News Alert: Census: US poverty rate rises to 15.1 percent, number of uninsured hits record high

Tuesday, September 13, 2011

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Economy/Business News Alert: Census: US poverty rate rises to 15.1 percent, number of uninsured hits record high
September 13, 2011 10:35:36 AM
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The Census Bureau reports the number of Americans in poverty jumped to 15.1 percent in 2010, a 27-year high.

About 46.2 million people, or nearly 1 in 6, were in poverty. That's up from 43.6 million, or 14.3 percent, in 2009. It was the highest level since 1983.

The number of people lacking health insurance increased to 49.9 million, a new high after revisions were made to 2009 figures. Losses were due mostly to working-age Americans who lost employer-provided insurance in the weak economy

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