Pandemic financial aid helped reduce US poverty, says government – 14/09/2021

Cruises will begin in the United States in July or August - 05/24/2021

WASHINGTON, September 14, 2021 (AFP) – The economic stimulus the US government introduced during the Covid-19 pandemic in 2020 will increase household income and reduce the number of Americans living in poverty, published this Tuesday by Gov. The analysis of the data shows ( 14 ).

The U.S. Census Bureau reported, “Mean real household income after taxes grew 4% between 2019 and 2020.”

Faced with much of the US economy shutting down due to the pandemic, resulting in a steep rise in unemployment, the US Congress approved a series of packages of cash aid to families and funds to allow companies to continue paying wages Can you .

Thus, taking into account the payment of incentives, the measure of poverty decreased by 9.1% or 2.6 percent compared to 2019, according to the department.

However, when government aid is disregarded, the poverty rate reaches 11.4%, representing the first increase in six years, covering 3.3 million people in 2020.

Furthermore, and disregarding incentives, the median household income in 2020 was US$67,521 (R$352,824), representing a 2.9% decline compared to 2019, according to the US Census Bureau, who said it “The first was statistically significant. Decrease since 2011”.

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About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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