Hispanics have the highest poverty rate of the nation's largest racial and ethnic groups under an alternative Census Bureau calculation known as the Supplemental Poverty Measure. The alternative measure is intended to better reflect the costs of basic living expenses as well as the resources people have to pay them.
Older adults have made dramatic gains relative to younger adults in their economic well being during the past quarter century, according to a new Pew Research Center analysis of data from two key U.S. Census sources.
Recent Pew Research Center reports provide extra context for Tuesday's announcement by the Census Bureau the nation's poverty rate grew to 15.1% in 2010.
When the real estate market melted down, those hit hardest by the sharp drop in household wealth were blacks and Hispanics. But even while their wealth was being decimated, the political reaction among the nation's minorities has been surprisingly muted.
The lopsided wealth ratios are the largest since the government began publishing such data a quarter century ago and roughly twice the size of the ratios that had prevailed between these three groups for the two decades prior to the Great Recession that ended in 2009.