Poor still suffering from last recession
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Many of the poorest people in the United States are still struggling to recover from the effects of a recession that ended six years ago, making them very vulnerable as the country stands on the brink of a new downturn.
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RIVERVIEW, Fla., Jan. 25 -- Piece by piece, as the economy has faltered and as the subprime mortgage crisis has taken hold, Ivan Toledo's grasp on his job, his house -- his entire middle-class life -- has come undone.
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The gap in life expectancies between rich and poor persists, with professionals enjoying longer lives than the lower-skilled.
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It becomes more difficult for US low-wage workers to afford appropriate housing. â There are only four counties in the country - Wayne, Crawford, and Lawrence counties in Illinois and Washington County, Florida
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Business & money: New research indicates almost three-quarters of people are worse off as a result of looking after a disabled or chronically sick relative.
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Rental housing in the Green Bay area and elsewhere in Wisconsin is more affordable than the national average, but an advocacy group says many poor Americans are still paying more than they can afford because salaries havenât kept up with rent and
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The World Bank says fewer people than ever are living in extreme poverty in East Asia and the Pacific due to economic growth of around seven per cent.
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NEW YORK, Dec. 7 -- Despite an intensified campaign against poverty, World Bank programs have failed to lift incomes in many poor countries over the past decade, leaving tens of millions of people suffering stagnating and even declining living standards, according to a report released Thursday by...
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Utah&#39;s working poor are finding it increasingly difficult to pay the rent. The Deseret Morning News this morning reports the findings of a new study by the National Low Income Housing Coalition.
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Nearly 50 percent of Indonesia's population still lives on less than two dollars a day despite progress in recovering from the economic crisis of 1998 which plunged millions of people back into poverty, the World Bank said.
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One of the biggest reasons that very poor countries can&#39;t provide decent education and health care is that they are stuck in a cycle of debt owed to the International Monetary Fund, the World Bank and regional development banks, much of it dating to the
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DROWNING IN DEBT: African nations say debt incurred by past generations is keeping them poor and unable to cope with pressing needs, such as the AIDS epidemic.
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Not enough people are aware of a government fund to help the UK's poorest citizens, a report says.
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Privatisation and trade liberalisation policies foisted on developing countries in return for financial help are often bad for the poor, according to a confidential government paper.
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More than one fifth of elderly people feel they are living in poverty and 28% say their lives have got worse, a survey says.
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The poor are the people most likely to spend a tax rebate, if they are handed one in an economic revival plan. Whether that happens depends on who prevails Â the White House or the Democrats who run Congress.
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Poverty in the Philippines will remain a problem for years and government proposals to halve it by 2010 remain "unfeasible", according to economists.