Poverty Rate Remains at Record Levels

The U.S. Census Bureau released its 2011 poverty report this morning, reporting that 46.2 million people were living in poverty, amounting to 15 percent of the population. Neither was significantly different than 2010. All major demographic categories – white, African-American, Hispanic, Asian – were also essentially the same as last year.

The number of children and the elderly in poverty remained the same.