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Source: The Atlantic

According to new study published by the Center on Budget and Policy Priorities, the poverty rate among children fell in 2016 to a new record low.

In addition to higher employment rates and record highs impacting the stock market, the child-poverty rate decreased to 15.6 percent last year.

This decline marks a stark difference to the post-recession rate in which 18.1 percent of children lived below the poverty level in 2012.

“The figures were actually a little surprising to us and might be surprising to those who are following the poverty debate,” said the study’s author Isaac Shapiro.

“The argument, at least on the conservative side, is that we have poured a lot of money into safety-net programs and poverty hasn’t gone down, but it has,” he added.

Read Full Story: The Atlantic

 

 

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Poverty Among Children Reaches All-Time Low