Tuesday, June 30, 2020

Vast Federal Aid Has Capped Rise in Poverty, Studies Find

But researchers caution this does not mean low-income families are escaping hardship. And they warn that when the aid expires next month, families could again be vulnerable.

WASHINGTON — An unprecedented expansion of federal aid has prevented the rise in poverty that experts predicted this year when the coronavirus sent unemployment to the highest level since the Great Depression, two new studies suggest. The assistance could even cause official measures of poverty to fall.

Read the interesting analysis by The New York Times here