Last year, the U.S. saw the sharpest rise in poverty since the 1960s. According to economists from the University of Chicago and Notre Dame, the poverty rate increased by 2.4 percent in the last half of 2020 alone. For Black Americans, that increase was 5.4 percent.
This isn’t surprising. The pandemic has fueled record unemployment and exacerbated housing insecurity.
You might be the closest you’ve come to poverty in your lifetime, thanks to the pandemic. Meanwhile, the richest Americans have only gotten richer.
At 11 a.m. Monday, host Angela Davis talks to two experts about poverty in Minnesota and nationwide — from the misconceptions many of us have about poor people to the work being done to provide relief to those in need.
We also want to hear from our listeners. What’s your experience with poverty? Call 651-227-6000 during the 11 a.m. hour to join the conversation or tweet @AngelaDavisMPR.
We’ll also hear from MPR News senior economics contributor Chris Farrell as he helps us understand what’s going on with the stock market.
Guests:
Dr. Bruce Corrie is a Twin Cities-based economist and professor at Concordia University.
Paul Williams is the President and CEO of Project for Pride in Living, a non-profit providing housing and job training in the Twin Cities.
Chris Farrell is the senior economics contributor for MPR News.
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