Poverty rate at 3 Consecutive Year

The number of Americans living in poverty or lack of health insurance has increased for the third year of law 2003, the Census Bureau announced yesterday, which is in a labour market which are not otherwise adapt to strong economic growth.

Overall, the median household incomes have stagnated at $ 43318, while the national rate of poverty increased to 12.5% - 35.9 million people - last year 12.1 per cent in 2002. The harshest were women, for the first time since 1999, saw their profits decline, and children. Until the end of 2003, 12.9 million children live in poverty.

As expected, the number of people without health insurance grew last year to 45 million - an increase of 15.6 per cent to 15.2 per cent. White adults, especially in the south, account for the bulk of the increase. The proportion of people, health insurance through an employer fell to 60.4 percent, its lowest level in a decade, 61.3 percent.

The last census figures provided in relation to evidence that the recent recovery has missed some regions and population groups. Another 1.3 million Americans fell below the poverty line in 2003, as income from diving for the poorest 20 per cent of the population. Another 1.4 million unversichert has been revamped.

“This recovery is not to reach in the bottom half,” said Jared Bernstein, a chief economist with the Economic Policy Institute.

When President Bush prepared to head to New York for the Republican National Convention yesterday, there was an opening data Democrats for selection to his alleged weakness of the traditional bread and butter issues.

“While George Bush tries to convince America’s families that we are turning the corner, slogans and empty rhetoric can not hide the real story,” said Senator John F. Kerry (Mass.), the Democratic presidential candidates. “Under George Bush’s Watch, America’s lost even more families.”

Bush campaigns in New Mexico, had no comment. Commerce Secretary Donald L. Evans said the census data cast a glance “back in time to an economy that was much weaker”, as it is today. He anticipated that the figures that Bush will improve “continue to push very hard to establish the right conditions and business climate for job growth and broader health coverage.

But the report of population census was in total opposition to a market economy and a warehouse, grew rapidly during 2003, especially in the second half of the year. “The effects of a sustained recovery of unemployed is all about these results,” said Bernstein.

With fewer people working and fewer small businesses offering health coverage who are not insured number is probably high, until the unemployment rate declining by about 4 percent, said Paul Fronstin, Senior Research Associate to the Employee Benefit Research Institute.

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