U.S. poverty rate unchanged; record numbers persist
By HOPE YEN Associated Press September 12, 2012 10:16AM
Updated: September 12, 2012 10:58AM
WASHINGTON — The Census Bureau says the number of Americans in poverty stood at 15 percent in 2011 as the number of poor remained at record highs.
About 46.2 million people, or nearly 1 in 6, were in poverty.
In Illinois, about 1.8 million lived in poverty in 2011, for a poverty rate of 14.2 percent in 2011, up from 14.1 percent in 2010.
The figures were better than the expectations of analysts who had predicted an increase due to persistently high unemployment.
The national national number in poverty in 2010 was 15.1 percent.
The unemployment rate improved modestly in 2011, but wage growth was weak.
University of Michigan economist Sheldon Danziger calls the poverty figures surprising and a sign that expiring unemployment benefits were able to help workers for much of the year.
The median — or midpoint — household income nationally was $50,054. That’s a 1.5 percent decline from 2010.