Tag: household poverty rate

Economic Status (Part 4)

Feb 18, 2008

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by

mwkruse

in Economics, Poverty, Series: Social Indicators 2007, Trends: Economic

SOCIAL INDICATORS 2007 Poverty Trends We now shift back to the income measures of economic status and the most frequently referenced indicator with regard to economic health: The poverty rate. Here is the percentage of persons living below the poverty level. The poverty rate for families dropped by half between 1960 (22.2%) and 1973 (11.1%).…