U.S. Poverty Rate Rose to Pandemic High Ahead of New Stimulus

Author: Leigh Lynes

The U.S. poverty rate rose to 11.7% in March, the highest level yet during the pandemic following an increase in the latter part of last year as many government benefits expired, a study showed.

The March 2021 estimates indicate that without additional aid many in the U.S. continued to suffer from the economic impacts from Covid-19, according to research released Tuesday by economists Jeehoon Han, from Zhejiang University, Bruce Meyer, from the University of Chicago, and James Sullivan of the University of Notre Dame. 

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