Reuters: U.S.: Number of U.S. poor holds steady but incomes fall: Census

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Number of U.S. poor holds steady but incomes fall: Census Sep 12th 2012, 14:42 Tweet Share this Email Print Related News U.S. middle class set back over last decade: report Wed, Aug 22 2012 A homeless man begs for money in the Financial District in San Francisco, California March 28, 2012. Credit: Reuters/Robert Galbraith WASHINGTON | Wed Sep 12, 2012 10:42am EDT WASHINGTON (Reuters) - The share of Americans living in poverty last year held steady after three years of hefty increases, according to government data released on Wednesday that could ease pressure on President Barack Obama as he seeks reelection in November. The Census Bureau said the 2011 poverty rate was 15 percent, statistically unchanged from 15.1 percent in 2010. About 46.2 million Americans were living in poverty, little changed from the prior year. Still, data from the Census Bureau also showed the 2011 median U.S. income declined 1.5 percent from 2010. Additionally, the share of Americans lacking health insurance - another key indicator economic of well-being - fell to 15 percent in 2011 from 16.3 percent in 2010. (Reporting by Susan Heavey and Lucia Mutikani; Editing by James Dalgleish) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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