Poverty Rate

poverty rate: Poverty stuck at 15 per cent record 46.5 million , according to Winnipeg Free Press. More than 1 in 7 Americans were living in poverty, not statistically different from the 46.2 million of 2011 and the sixth straight year the rate had failed to improve, the Census Bureau reported Tuesday. Median income for the nation's households was $51,017, also unchanged from the previous year after two consecutive annual declines, while the share of people without health insurance did improve but only a bit, from 15.7 per cent to 15.4 per cent. WASHINGTON AP The nation's poverty rate remained stuck at 15 per cent last year despite America's slowly reviving economy, a discouraging lack of improvement for the record 46.5 million poor and an unwelcome benchmark for President Barack Obama's recovery plans. (www.immigrantscanada.com). As reported in the news.