Birdwatch Note Rating
2023-11-06 07:29:08 UTC - HELPFUL
Rated by Participant: 049E9E249CF132BD220934A2301413303C9F83D5CC0D861A6488BB5A903CCA42
Participant Details
Original Note:
Poverty rates fell to 6.4% in 2020, however they rose to 7.4% in 2021. This is in large part due to soaring inflation that hit in 2021. The data for 2022 won't be available until early 2024, however indications are it will climb significantly to roughly 9.8%. https://www.investmentexecutive.com/news/research-and-markets/poverty-rate-to-climb-as-inflation-bites-income-lags/
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