From 2007 to 2010, the number of high poverty states have doubled to 25;
The national poverty rate is almost 22%;
Both the number and statistic above are expected to increase ; and
In 2010, 16 million children in the U.S. live in poverty, 17 million live in households where food is insecure, and 16 million children were homeless.
And in New Jersey:
In 2011, 9.4% of children had parents who were unemployed:
The number of households with children receiving SNAP (food stamps) increased from 5% in 2007 to 8% in 2011; and
The 2011 predicted child poverty rate in New Jersey is 15%
Many of these troubling numbers can be tied to the recession and the country’s slow recovery coming out of it. Alexander Eichler who writes for the Huffington Post said:
A previous study from First Focus found that by the time children who feel into poverty during a recession grew up to be financially dependent adults, their median income is about 30% less that of adults who experienced poverty as children.
Click here to read the full Huffington Post article.