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Tuesday, August 26, 2008
Annual Census Report on Income, Poverty and Health Insurance Coverage Released
You can read Income, Poverty, and Health Insurance Coverage in the United States: 2007 here.
Good news for income, not so great news for poverty, and mixed news for health insurance coverage. Here are a few highlights copy and pasted from the report:
Income:
- Real median household income increased 1.3 percent between 2006 and 2007, from $49,568 to $50,233 the third annual increase in real median household income.
- Real median earnings of both men and women who worked full-time, year-round rose between 2006 and 2007, following 3 years of annual declines. Men's earnings increased by 3.8 percent to $45,113, women's by 5.0 percent to $35,102. The 2007 female-to-male earnings ratio, 0.78, is an all-time high
Poverty:
- The official poverty rate in 2007 was 12.5 percent, not statistically different from 2006
- In 2007, 37.3 million people were in poverty, up from 36.5 million in 2006.
Health Insurance Coverage:
- Both the percentage and number of people without health insurance decreased in 2007. The percentage without health insurance was 15.3 percent in 2007, down from 15.8 percent in 2006, and the number of uninsured was 45.7 million, down from 47.0 million
- The number of people with health insurance increased to 253.4 million in 2007 (up from 249.8 million in 2006). The number of people covered by private health insurance (202.0 million) in 2007 was not statistically different from 2006, while the number of people covered by government health insurance increased to 83.0 million, up from 80.3 million in 2006.
U.S. Census Bureau: Income, Poverty, and Health Insurance Coverage in the United States: 2007
Posted by Craig Jennings
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