Birdwatch Note Rating
2023-11-06 12:36:43 UTC - HELPFUL
Rated by Participant: FFEE4472594269881F00BD7A98797BFD883A1B40244D91F3B560C7589D579E47
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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