The US government reported that the number of people living in poverty last year rose to 46.2 million, the highest recorded in 50 years, as a million more Americans were added to people with no health insurance and whose family incomes dropped drastically. This has given a grim picture of what America faces during stiff economic difficulties.
The poverty rate in 2010 increased for the third straight year, which equaled the 15.1 percent poverty figure in 1993, forcing many young adults to make double efforts or return to their parents�� homes to avoid joining the ranks of the poor. Because of these recent statistics, the recession is still highlighted even though it has supposed to officially end in June 2009. But the numbers can��t lie, and the poverty rate is a clear indicator of far-from-certain future for the United States.
The current figures do not show any indication of the economic and social situation in improving in the near future. In fact, they point in a completely different direction. Officials could not explain the exact cause of the pervading poverty, but this has its roots in the country��s inability to create new jobs. And no jobs means more poverty��
43.6 million people in 2009 were recorded to belong under the poverty line, and of the increase of 2.6 million people included in the poverty bracket, roughly two thirds said that they have not worked for even a week in the previous year. This is certainly alarming, and with the problems of the Euro block we could again see a worldwide crisis.
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