Yahoo! Finance, June 25, 2020: US poverty declines at record pace despite millions of job losses — for now
“A lot of these benefits are set to expire,” Gimbel said. “It’s certainly likely that people’s income plunges and that food insecurity and housing insecurity increases.”
And unless the labor market bounces back and the unemployment rate goes down substantially in the coming months, “there’s reason to be concerned that poverty might rise,” according to Sullivan.
