More Americans working their way out of poverty

World ^ | September 18, 2019 | Charissa Koh

[2ndDivisionVet]

Job prospects, income, and the economy show positive growth

The United States has the lowest poverty rate it has seen since 2001, the U.S. Census Bureau reported last week. The overall poverty rate dropped from 12.3 percent in 2017 to 11.8 percent last year. The slight percentage drop finally brings the poverty rate below its 2007 number, marking further recovery from the Great Recession.

Full-time work and wages are also on the rise, as evidenced by hiring sprees at large companies. On Tuesday, Amazon, the country’s second-largest employer, hosted job fairs in six major cities. The company is looking for 30,000 new workers by next year, from software engineers who can earn more than $100,000 a year to warehouse staff paid at least $15 an hour. In Dallas, hundreds turned out for the hiring event. Amazon plans to open an air cargo hub at Fort Worth Alliance Airport in October to help speed up its deliveries.

Across the country, full-time, year-round workers increased by 2.3 million in 2018, and the median earnings for women increased. The report also showed the percentage of poor families led by single mothers dropped to the lowest on record (24.9), but the poverty rate for families headed by married couples (4.7) was still almost five times lower. Median income for family households increased, and so did median income for non-family households.

[jmacusa]

Boy the Democrats won’t like no sir! They’ll sure fix this when one of them gets in The White House, yes sir. They’ll spend us all back into the poor house again.