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Sep 19, 2014
In the first time since 2006, the U.S. poverty rate has dropped. The U.S. Census Bureau reported Tuesday that the nation’s poverty rate fell to 14.5% in 2013, down from 15% a year earlier. This is the first drop in poverty since 2006, when it was 12.3% Although this may seem like a minor change, this is the first statistically significant decline since the recession, proving that Americans are slowly rebounding.
According to the results, a lot of the decrease comes from people finding full-time work. They now have jobs and are earning more money. Two groups...