Rate of working poor rises in 2001
June 25, 2003
The percent of persons in the labor force for 27 weeks or more who were classified as working poor rose from 4.7 percent in 2000 to 4.9 percent in 2001. This was the first year-to-year increase since 1993 and reflected the impact of the recession that began in March 2001.
The poverty rate of those working 27 weeks or more during the year rose from 6.3 percent in 1992 to a series high of 6.7 percent in 1993. Then this poverty rate declined steadily for seven years, reaching 4.7 percent in 2000.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Rate of working poor rises in 2001 on the Internet at http://www.bls.gov/opub/ted/2003/jun/wk4/art03.htm (visited December 22, 2014).