Some modest good news this week from the Census Bureau [pdf]: for the first time since the Great Recession began, the poverty rate is down a little and the child poverty rate is down a little more. The latter was driven by a bit of job growth and—among families with children—higher income.
But at this pace it'll take years for the poverty rate to get back down just to where it was in 2000.
The new poverty numbers came out today, and they aren't pretty.
The Census Bureau reports that more than 15 percent of Americans
are living in poverty--a number that's gone up for three consecutive years and
is the highest it's been since 1959.