Near poverty

Near poverty in economics refers to the state of living on an income marginally above the poverty line, defined by the U.S. Census Bureau at an income "between 100 percent and 125 percent of the poverty line".[1][2] The classification was first studied by the U.S. Census in a 2014 report that showed the number of people living just above the poverty line had decreased since the 1960s, believed to be due to an increase in the number of people who have fallen beneath the poverty line.[2]

References

  1. ↑ Hokayem, Charles; Heggeness, Misty L. (May 2014). "Living in Near Poverty in the United States: 1966–2012" (PDF). United States Census Bureau. Retrieved 7 July 2014.
  2. 1 2 El Nasser, Haya (1 May 2014). "Census: U.S. has fewer 'near poor' as many slip into true poverty". Al Jazeera. Retrieved 7 July 2014.


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