Center for Law and Social Policy: 2019 Poverty Data Show Pre-Pandemic Cracks in Foundation
"The 2019 poverty data from the
"If the 2019 data represent our economy at its best, they show that vast inequities in the economic context persisted even after a long economic expansion, providing key lessons to inform the urgent agenda ahead.
Among the Census report's key findings for 2019:
Large shares of children and young adults experienced poverty at critical developmental moments. In 2019, even while the
The devastating effects of systemic racism were evident long before the pandemic. Racist policies were damaging the life prospects of Black people and other communities of color well before the pandemic and the summer's uprisings that exposed racial injustice more clearly to many Americans. For example: in 2019, 26.4 percent of Black children and 20.9 percent of Latinx children were living in poverty compared to just 8.3 percent of white children.
Work is no guarantee against poverty. Prior to this year's recession, far too many people lived in poverty despite high levels of work in their families. Low wages, inadequate hours, involuntary part-time work, and underemployment--more prevalent in the jobs held by people living in or near poverty--mean that work does not pay a family-sustaining wage for millions of households.
Large public investments have reduced poverty and harm. In 2019, the
Poverty in 2020: A Dire Picture
In a brief out today (https://www.clasp.org/publications/report/brief/new-census-data-anti-poverty-agenda-must-address-covid-19-young-people-and) about the poverty data, CLASP calls on
Study: 84% Of Adults Say COVID-19 Will Hurt Financial Security
Latino radio station La Raza opening new studios after destructive fire in May unrest
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News