Birdwatch Note Rating
2023-11-06 12:37:46 UTC - HELPFUL
Rated by Participant: C4876EFA1958BAA12385598B49C55C0868408101ECDE635A652381A4475AEE87
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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