US Census Bureau Reports Growth and Declines in Poverty, Racial Disparity
According to the US Census Bureau, poverty rates across the nation declined, finally falling below the pre-recession rates achieved in 2007. Furthermore, the median income for full-time, year-round workers rose by three percent. However, these positive gains were not experienced by all Americans.
In addition to a rising number of uninsured people - including 4.3 million children - one in eight Americans are living below the poverty line (38.1 million people). The wealth disparity between races was also apparent, with the median income for Black families being nearly $30,000 lower than the average white family (Black families earn a median income of $41,361, while white families earned $70,642).
To read a fully summary from NPR, click here.