Thursday, April 30, 2009

Quarter-million Chicagoans on brink of poverty: study

Crain's:
Chicago’s poor population could grow by 253,000 if the nation’s unemployment rate reaches 9% this year.

At the same time, the number of Illinois residents pushed into poverty could grow by more than 400,000, according to a report released Thursday by the Heartland Alliance Mid-America Institute on Poverty, a non-profit advocate for the poor.

The state’s increase would be an “enormous jump” in the number of individuals living at or below the federally defined poverty level, said Amy Rynell, a co-author of the report. A family of four with an annual income at or below $22,050 is considered living in poverty.

The national unemployment rate was 8.5% in March, the latest figure available.
Here are some more stories of interest

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