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Poverty Rate Plummets

Posted by: Abhijeet Chavan
Thanks to: Abhijeet Chavan
26 September 2000 - 3:00pm

For the third consecutive year the nation's poverty rate dropped reaching the lowest level in two decades.

For the third consecutive year the nation's poverty rate dropped across racial and ethnic groups reaching the lowest level in two decades. "This made 1999 the third consecutive year in which the nation's poverty rate declined, to 11.8 percent from 12.7 percent the year before. The rate still does not match the 1973 low of 11.1 percent. The nation's booming economy pulled 2.2 million people above the poverty line, which is $17,029 for a family of four."

Full Story: Poverty Reaches Lowest Level in Two Decades
Source: The Washington Post, September 26, 2000
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