One in Three Working Families Considered "Low Income"

The Wall Street Journal reported December 21, 2010:

Nearly one in three working families earned less than 200% of poverty line last year, as a bad economy pushed 250,000 families below that threshold, according to a new analysis of Census Bureau data.

The recession’s effects extended beyond the millions who lost jobs, according to a report released Tuesday by the Working Poor Families Project, which researches and advocates for working families. Among those who were working, more than 10 million families earned less than 200% of the poverty level, which the researchers considered “low income.” The low-income threshold for a family of four with two children last year was $43,512.

“Working families are taking it hard during the great recession,” said Brandon Roberts, one of the report’s authors. “We’ve got a whole lot of middle-income families, middle-class families that have now fallen back into low-income working families.”

Read the full story here.