The Recession’s Ongoing Impact on Children

Child Poverty Soars; NJ Rate at 15%

The Recession’s Ongoing Impact on ChildrenA January 3, 2012, Huffington Post article, “Child Poverty Tops 20% in ½ of U.S. States: Report”, highlights the finding of a December report released by First Focus and the Brookings Institution.

The report, “The Recession’s Ongoing Impact on Children”, includes the following statistics on childhood poverty in the United States:

  • 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.

Click here to read the full report.