Birdwatch Note Rating
2023-11-06 07:33:59 UTC - HELPFUL
Rated by Participant: F2DCCBC9D4DD0457BF84BA3290C76734E8E54A35301400D07A02B1DFF933EF0F
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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