Working-Age People Losing Ground Amid Unemployment

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

WASHINGTON (AP) -- Hurt by high unemployment, working-age Americans are expected to lose ground when new census figures on poverty and the uninsured are released.

The Census Bureau on Tuesday is releasing its annual report on U.S. economic well-being for 2010, when unemployment averaged 9.6 percent.

The figures also are expected to show a 10th year of decline in the share of people with employer-provided insurance, reaching a new low. Currently just over 55 percent of people receive health coverage through their work.

Congress passed a health overhaul last year to address the rising numbers of uninsured people, but its main provisions don't take effect until 2014.

Analysts also predict that the U.S. poverty rate will increase from its current level of 14.3 percent, or 1 in 7.

Next: How To Answer A Question Without Knowing The Answer



Don't Miss: Companies Hiring Now



Stories from 24/7 Wall St.


AP

Editor

© 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

Add a Comment

*0 / 3000 Character Maximum

Search Jobs

In Partnership With
Keywords:
Location:

Search Articles

Top Companies Hiring

April 13 - April 20

Looking for work? See what companies added new openings this week.