U.S. government aid helped reduce poverty in 2020, Census data shows

u s government aid helped reduce poverty in 2020 census data shows

Sumary of U.S. government aid helped reduce poverty in 2020, Census data shows:

  • Support offered through jobless benefits, which were enhanced with federal funds, also helped as unemployment soared because of the crisis, the report showed.
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  • Article content “I think this really shows the importance of the social safety net,” said Liana Fox, chief of the Census Bureau’s poverty statistics branch.
  • And real median household income, a measure that includes unemployment benefits but not the pandemic relief checks, decreased to about $67,500 in 2020, down 2.9% from 2019. Story continues below This has not loaded yet, but your article continues below.
  • Article content SOME GOVERNMENT BENEFITS ENDING The report comes days after enhanced unemployment benefits expired https://www.
  • com/business/us-unemployment-benefits-end-firms-hope-wave-applicants-2021-09-03 across the country, a shift that threatens to slow economic growth after leaving millions of job seekers with smaller payouts or no benefits at all.
  • Some businesses and lawmakers hoped reducing benefits would lead to an uptick in job applicants, but economists say obstacles securing childcare https://www.
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