HOPE YEN, Associated Press

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September 12, 2012
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US poverty rate unchanged; record numbers persist

WASHINGTON (AP) - The ranks of America's poor remained stuck at record levels, although dwindling unemployment benefits and modest job gains helped stave off what experts had predicted would be the fourth rise in a row in the poverty rate.

With joblessness persistently high, the gap between rich and poor increased in the last year, according to two major census measures. Also, the median, or midpoint, household income was $50,054, 1.5 percent lower than 2010 and a second straight decline.

A Census Bureau report released Wednesday provides a mixed picture of the economic well-being of U.S. households for 2011, when …

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The Nevada Appeal Updated Sep 12, 2012 01:28PM Published Sep 12, 2012 01:27PM Copyright 2012 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.