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Highest percentage since 1993.  Since 2007, the poverty rate has increased by 2.6 percentage points.

Real median household income down 2.3% from 2009.

An additional 2.6 million people slipped below the poverty line in 2010, census officials said, making 56.2 million people in poverty in the United States, the highest number in the 52 years the Census Bureau has been tracking it, said Trudi Renwick, chief of the Poverty Statistic Branch at the Census Bureau. That represented 15.1 percent of the country.

The poverty line in 2010 was at $22,113 for a family of four.

http://www.nytimes.com/...

In addition, real median income for male workers was lower in 2010 than it was in 1973.  At the end of the U.S. economic golden age.

According to the Census figures, the median annual income for a male full-time, year-round worker in 2010 — $47,715 — was virtually unchanged from its level in 1973, when the level was $49,065, in 2010 dollars.

In addition, there were nearly 50 million people without health insurance in 2010.  Up from 49 million in 2009.

http://www.cbsnews.com/...

Originally posted to Paleo on Tue Sep 13, 2011 at 08:32 AM PDT.

Also republished by ClassWarfare Newsletter: WallStreet VS Working Class Global Occupy movement.

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