Persons at Risk of Poverty or Social Exclusion in EU – Decreased to 23.4%...
In 2016, 117.5 million people, or 23.4% of the population, in the European Union (EU) were at risk of poverty or social exclusion. This means that they were in at least one of the following three...
View ArticleOlder Workers in US – Some 10 million live at or below the poverty level of...
Some 10 million people over 50 in the U.S. live at or below the annual federal poverty level of $11,800, with another 37 million at risk. No dreams of a beach retirement here. Even among the employed,...
View ArticleIncome and Poverty in US, 2017 – The official poverty rate decreased by 0.4...
The U.S. Census Bureau collects data and publishes estimates on income and poverty in order to evaluate national economic trends as well as to understand their impact on the well-being of households,...
View ArticlePoor in the US in 2017 – About a third were children
>In 2017, 12.3 percent of the population—39.7 million people—lived in poverty, as defined by the official poverty measure [i]. The share of the population living in poverty was statistically...
View ArticlePoverty – Breaking it through education : The Pathway program
A recent IZA Discussion Paper by Adam M. Lavecchia, Philip Oreopoulos and Robert S. Brown delivers encouraging evidence that comprehensive student support programs can indeed lead to meaningful,...
View ArticleExtreme Poverty – Half in just 5 countries
Of the world’s 736 million extreme poor in 2015, 368 million—half of the total—lived in just 5 countries. The 5 countries with the highest number of extreme poor are (in descending order): India,...
View ArticleCOVID and Global Poverty – Additional 548 million people earning less $5.50...
Conducted by King’s College London and the Australian National University, the research gauged the short-term impact of containing the coronavirus on global monetary poverty based on the World Bank...
View ArticleCOVID, Unemployment and Poverty in US – A gloomy prediction
The pandemic crippling the American economy portends a sharp increase in poverty, to a level that could exceed that of the Great Recession and that may even reach a high for the half-century in which...
View ArticleUpward Social Mobility – Intergenerational poverty in the U.S. is four times...
Poor children are more likely to become poor adults, but less so in some countries compared to others. A new IZA discussion paper by Zachary Parolin, Rafael Pintro Schmitt, Gøsta Esping-Andersen and...
View ArticleSubminimum Wages and Poverty in US – They were were associated with increases...
The Fair Labor Standards Act’s minimum wage laws provide important protections for workers. However, it still permits employers to pay subminimum wages to youth under age 20, student-vocational...
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