Giving Compass’ Take:
· Daniele Selby at Global Citizen explains that household incomes have risen, but poverty remains unchanged in the United States.
· What are some sustainable ways to lift people out of poverty? How can donors assist with addressing poverty and homelessness in the US?
· Read more about poverty in America and how empathy can be used as a tool to fix it.
The US Census Bureau released its annual report on income and poverty in the United States on Thursday, showing improvement between 2016 and 2017.
Median household incomes rose for the third year in a row, which experts say follows the trend of strong income growth that began in 2015 under President Barack Obama. The median household income in 2017 was $61,372 — just over $1,000 more than in 2016 — and $77,713 for family households.
While the increase in incomes is certainly good news, the report’s findings make clear that major discrepancies in median incomes among people of different racial backgrounds persist. Hispanic households had a median income of approximately $50,000 in 2017, while white and Asian households had median incomes of $68,145 and $81,331, respectively.
Yet, despite a decrease in the poverty rate and a report put out by the Trump administration in July declaring the war on poverty in the US “largely over,” poverty in the US is very much alive.
Read the full article about poverty in the US by Daniele Selby at Global Citizen.
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