Birdwatch Note Rating
2023-11-06 00:58:32 UTC - HELPFUL
Rated by Participant: 6D3BD8A18B85DF7504750BD3C99C6DC6CDD57F65413F0F2526D0C4098A4E67F4
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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