Overall poverty fell in 2020, but 1-in-7 rural Americans in poverty - Entrepreneur Generations

"Extensive federal relief assistance passed during the coronavirus pandemic is widely credited by economists and policy experts for preventing another Great Depression," The Washington Post reports. "The stimulus payments provided $1,200 cash payments to most low-income and middle-class Americans last year, moving 11.7 million people out of poverty, the Census said. Another 5.5 million people were prevented from falling into poverty by the enhanced unemployment insurance aid."

However, one-in-seven rural Americans are still living in poverty, Chuck Abbott reports.

from The Rural Blog https://ift.tt/39auQA2 Overall poverty fell in 2020, but 1-in-7 rural Americans in poverty - Entrepreneur Generations

Posted by Entrepreneur Generations

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