ACN Business

Official US poverty rate declined in 2023, but more people faced economic hardship

Written by Mark Robert Rank, Professor of Social Welfare, Arts & Sciences at Washington University in St. Louis

People in West Virginia look through donated clothes. Spencer Platt/Getty Images

The number of Americans living in poverty, according to the nation’s official definition, fell slightly to about 36.8 million in 2023, the Census Bureau announced on Sept. 10, 2024. The data released also indicated that the poverty rate declined a little....

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