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Why We Need a Peace Economy

POVERTY – MORE CHILDREN LIVE IN POVERTY

The monthly child poverty rate increased from 12.1 percent in December 2021 to 17 percent in January 2022, the highest rate since the end of 2020. The 4.9 percentage point (41 percent) increase in poverty represents 3.7 million more children in poverty due to the expiration of the monthly Child Tax Credit payments. Latino and Black children experienced the largest percentage-point increases in poverty (7.1 percentage points and 5.9 percentage points, respectively).

https://www.povertycenter.columbia.edu/news-internal/monthly-poverty-january-2022