ERIC Number: ED446182
Record Type: RIE
Publication Date: 2000-Sep-26
Reference Count: N/A
Poverty Rate Hits Lowest Level since 1979 as Unemployment Reaches a 30-Year Low. News Release.
Center on Budget and Policy Priorities, Washington, DC.
This brief presents some U.S. Census figures on poverty and employment patterns for 1999. The percentage of U.S. citizens living in poverty declined to 11.8 percent in 1999, the lowest poverty rate since 1979, as poverty rates for people aged 65 and over, African Americans, Hispanic Americans, and people living in the South fell to all-time lows. The poverty rate for children dropped to 16.9 percent. Median household income rose to a new high in 1999. The reduction in poverty was concentrated in U.S. cities, with 81 percent of the decline in poverty occurring in urban areas. Some points of concern are still apparent. Census data show that while the number of poor children has fallen markedly, those who remain poor have, on average, grown poorer. Poverty rates remain high for certain groups of children and families. The striking reduction in poverty and the improvement in the median income in 1999 appear to be due primarily to the continued robust performance of the economy. The effects of low unemployment and rising wages on low-wage and minority workers highlight the significance of policies that maintain low unemployment rates as well as policies that help restore the value of the minimum wage. (SLD)
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: Center on Budget and Policy Priorities, Washington, DC.