Many of the children were eligible for federal aid, experts said, but errors have been common as states “unwind” assistance from earlier in the coronavirus pandemic.
Tag: Income
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Adams Says NY Regained Its Lost Jobs. Why Doesn’t It Feel That Way?
Mayor Eric Adams announced last week that the city recovered all of the jobs lost during the pandemic. Analysts say that’s only part of the story.
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American Household Wealth Jumped in the Pandemic
Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.
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Poverty Rate Soared in 2022 as Aid Ended and Prices Rose
The increase in poverty reversed two years of large declines. Median income, adjusted for inflation, fell 2.3 percent to $74,580.