A Poorer State
September 13th, 2011
One in six New York state residents — more than 3 million people — live in poverty, according to statement by theNew York City Coalition Against Hunger on census figures released this morning.
The figure 2009-10 represents an 11 percent increase from 2007-2008, the coalition said. The numbers become particularly striking when one considers just how low an income a family must have to be seen as living in poverty –- less than $18,310 for a family of three.
In its statement, the coalition anticipated a rise in poverty for New York City alone, although it noted those numbers are not yet available. In 2009, more than one in five New York City residents lived in poverty, with experts saying the level would have been higher without the federal economic stimulus program.
While critics have warned of increased need in the city – longer lines at food pantries and the like — the Bloomberg administration has maintained that poverty remained relatively constant during the recession and the weak — if that — recovery.
“To a large degree, economic stimulus programs and policy initiatives aimed at bolstering family income succeeded in preventing a rise in poverty in New York City,” concluded a report issued in March by the mayor’s Center for Economic Opportunity.
What no one can deny, though, is that the disparity in wealth in the city has increased. The wealthiest 1 percent of city residents has 44 percent of all income in New York, nearly four times as much as they did just 30 years ago, according to the Fiscal Policy Institute.By Gail Robinson on September 13, 2011, 11:58 am
In category: Demographics, Economy, Gotham City, Social Services | 1 Comment »