News

Pandemic financial aid helped reduce US poverty, says government

Posted on

“Faced with much of the US economy shutting down due to the pandemic, resulting in a steep rise in unemployment, the US Congress approved a series of packages of cash aid to families and funds to allow companies to continue paying wages Can you .

Thus, taking into account the payment of incentives, the measure of poverty decreased by 9.1% or 2.6 percent compared to 2019, according to the department.

However, when government aid is disregarded, the poverty rate reaches 11.4%, representing the first increase in six years, covering 3.3 million people in 2020.”

« Back to News