Birdwatch Note Rating
2023-11-06 08:31:21 UTC - HELPFUL
Rated by Participant: CDEB6E83B66DEFB3BDB53163CF75D843B88661413DBD3B7B783F70EAA38D7B9F
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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