Enero 24, 2018

Middle-Class Americans Made More In 2016 Than Ever In US History

13 Setiembre 2017, 10:36 | Dolorita Barahona

Windsor Has Highest Rate of Kids Living In Low Income Homes

Manitobans Carrying Heavier Wallets These Days: StatsCan

Poverty among Latinos was 19 percent in 2016, little changed from 1973. In 2016, New York's uninsured rate was 4.6 percentage points lower than in 2013.

The percentage of people without health insurance coverage for the entire 2016 calendar year was 8.8 percent, down from 9.1 percent in 2015, the Census Bureau says.

That happened even in states like in, where the unemployment rate and poverty fell, she said.

The US poverty rate simultaneously declined about 1% to 12.7%, returning to almost the same level as in 2007, prior to the recession.

The strong job market drove the income increase, experts said.

In seven of Canada's biggest cities, one in every five children was living in a low-income household in 2015. "We can't tease out" whether the increase in income stems from changes in the economy or changes in the questions posed, Renwick said.

Also since 2007, median income is up just 1.5 percent, compared with a 6.2 percent advance for the mean. Male heads of households, with no wife present, saw a less than 3% increase, while married couples had only a 1.6% boost.

And although the median income for urban dwellers jumped 5.4 percent previous year to $61,521, households in rural areas saw their earnings basically stagnate at less than $46,000. Yet she added that the census report shows that American households have made significant economic progress in 2015 and 2016.

The Census figures appear to show that median income is at an all-time high, surpassing the 1999 record of $58,665.

"One of the stories of the resource boom is that there are definitely increases in median income, but most of the gains are going to go to the top (earners)", said David Macdonald, a senior economist with the Canadian Centre for Policy Alternatives.

But medical expenses increased the number of people in poverty by 10.5 million.

Remember that these figures are also for full-time, year-round workers only.

To get a clearer picture of income inequality across USA households, consider adjusting your choice of statistical measures. Hispanics saw their poverty rate fall to 19.4%, down from 21.4%.

In hard-hit Windsor, Ont., the child poverty rate topped out at 24 per cent, the highest of any Canadian municipality, as a result of a deep and persistent decline in the manufacturing sector. Non-Hispanic whites accounted for 61.0 percent of the total population and 42.5 percent of the people in poverty. The number of Hispanics in poverty decreased to 11.1 million, down from 12.1 million. That is 16th-highest in the state and slightly above the 13.7 percent nationwide average in 2016. The share of Americans living in poverty also declined.

Still, wage and price growth remain subdued despite low unemployment: 4.7% at the end of 2016, down from its recession-era high of 10%.

The poverty rate has returned to pre-recession levels.

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