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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.

Host Angela Davis spoke with 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. 

MPR News senior economics contributor Chris Farrell also joined the program and helped us understand what’s going on with the stock market. 

Use the audio player above to listen to the program.

Subscribe to the MPR News with Angela Davis podcast on:

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Americans struggle in a pandemic year marked by economic hardship.

MPR News with Angela Davis - Americans struggle in a pandemic year marked by economic hardship.



What does poverty look like in 2021?

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