Child Poverty and the Great Recession in the United States
Publication date: 2014-11
Publication series:
Innocenti Working Papers
No. of pages: 36
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Abstract
In the midst of the Great Recession, median real household income fell from $61,597 in 2007 to $57,025 in 2010 and $51,007 in 2012. Given that the effects of the Great Recession on unemployment were greater for less skilled workers the authors expect the effects of the Great Recession on household incomes to be larger in relative terms for individuals in the lower end of the income distribution. To explore this issue, in this paper, they comprehensively examine the effects of the Great Recession on child poverty.
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English