Tag Archive for recession

Low Income

For the first time in more than half a century, the number of families on a low income is growing in the US, and the number of families now is poverty is also on the increase. In almost every year from the end of the Second World War until the turn of the century, household incomes in the US rose. After 2000, however, they leveled off for some time and now, in the last couple of years, they have started to decline. So what has caused this increase in the number of low income families?

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