Economic support for the pandemic in the United States reduced poverty in 2020

September 14, 2021 | 5:46 pm

huge of economic stimuli that it Government from United State Offered during a pandemic COVID-19 Last year, they boosted family income and lowered the rate Americans Living in poverty, according to an analysis of government data released on Tuesday.

“Mean real household income after taxes increased 4.0% between 2019 and 2020,” the Census Bureau said.

He noted that this was “the first statistically significant decrease in median household income since 2011”.

With much of the economy shut down due to the pandemic that has caused huge job losses, Congress The American has agreed to a series of massive rescue packages with cash payments to people and Money To allow companies to continue to pay wages.

However, if government assistance is excluded, the rate poverty It rose for the first time in six years to 11.4%, which means that 3.3 million people fell into poverty last year.

except Stimulus, The family income The average was $67,521 in 2020, the agency said, down 2.9% from 2019, the first statistically significant decline since 2011.