The 2021 expansion of the Child Tax Credit reduced child food insecurity by 15%, especially benefiting households of color and low-income families, but these programs lapsed in 2022, causing a rise in U.S. poverty, particularly child poverty.
Despite various policies aimed at supporting families, the U.S. poverty rate increased to 11.5% in 2022, affecting 37.9 million people across the nation, underscoring persistent economic challenges.
Inflation and global conflict have significantly increased living costs, revealing that in 48 out of 50 states, at least one county has a higher poverty rate than the national average.
The correlation between education, job security, and income is stark; counties with higher education levels generally experience lower unemployment rates and better financial stability.
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