Economic hardship persisted at high levels in the nation and North Carolina in 2012, according to new figures released today from the Census Bureau’s Current Population Survey (CPS). The national poverty rate in 2012 remained at 15 percent for the second consecutive year, still higher than pre-recession levels three years into the official economic recovery. There were 46.5 million Americans living below the federal poverty line, which was $11,945 for an individual and $23,681 for a family of four in 2012.
This data is yet another confirmation that the economic recovery continues to bypass middle- and lower-income families. The growth is also sidestepping certain demographic groups, including children, communities of color, and women. Read More