Birdwatch Note Rating
2023-11-05 23:19:07 UTC - HELPFUL
Rated by Participant: 25878ECDE49C4711A7277D5A0CF135B8E1049743907BDFB7BDD54C6548F9C464
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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