Friday, December 11, 2020

Millions of Americans in Poverty as Black, Native American Wages Stagnate - Tasnim News Agency

More than 42 million Americans live below the federal poverty line, a figure that is virtually equal to the number of people living in poverty a decade ago even as the economy has boomed, according to new data released Thursday by the US Census Bureau.

The figures also show that the median income of Black households has increased only slightly in the same timeframe, while households headed by Native Americans and Alaska Natives remain virtually unchanged, The Hill reported.

Across the nation, the median household income from 2015 to 2019 stood at $62,843, an increase of 2.3 percentage points from the decade prior. Non-Hispanic whites saw their median income increase to $68,785, up about three percentage points, while households headed by Asian Americans and Hispanic Americans notched larger gains of about 8 percent and 6 percent, respectively.

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