During the coronavirus pandemic, groups of researchers are attempting to track living standards for Americans in poverty on a monthly basis. LEO co-founder Jim Sullivan, with co-authors from Zhejiang University and the University of Chicago found that the poverty rate fell in spring 2020, but then ticked up dramatically--from 9.4% to 11.3%--in September and October.
"Nearly 7 million have been added to the ranks of the poor since May," they write in their most recent release.