Birdwatch Note Rating
2023-11-05 21:08:24 UTC - HELPFUL
Rated by Participant: 7D21620F557F5775C3D5CF08B33A55CC81AC06D6CD8F3BB9BE1875B8F8AF7842
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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