Americans felt the impact of the COVID-19 pandemic in their pocketbooks last year, according to data recently released by the US Census Bureau.
The poverty rate in the US increased in 2020 for the first time in six years, according to data recently released by the US Census Bureau. Median household income dropped and fewer Americans had health insurance in 2020.
The Census data comes from the latest Current Population Survey, which is done in coordination with the Bureau of Labor Statistics. The survey was conducted between February and April of 2021, but respondents were asked about their 2020 situation.
