Thursday, November 15, 2012

California has highest poverty rate in the U.S., new Census Bureau report reveals

I'm sorry, but you could see this coming from a mile away.

The US Census Bureau is testing a new way to measure poverty – and the new measurement indicates that California has the highest poverty rate in the nation.

Almost a quarter of Californians now live in poverty, according to the new Supplemental Poverty Measure, released Wednesday.

Under the new measure, California's poverty rate increases from 16.3 percent to 23.5 percent of the population. Not only is that the highest in the nation, but it represents the largest jump from the official rate. The increase is driven in part by California's high cost of living.

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