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Nearly 50 million living in poverty in US

November 16th, 2012
Categories: News, Economic

Link: http://wsws.org/articles/2012/nov2012/pove-n16.shtml

The ranks of the unemployed in the United States rose last year to 49.7 million, based on a new measure that provides a fuller picture of poverty than that previously reported by U.S. Census Bureau data. The revised poverty rate of 16.1 percent is up more than a percentage point from the 15 percent figure reported by the government in September.

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