World-News

The U.S. poverty rate was 16 percent in 2010 measured under an alternative method, up from the official rate of 15.2 percent released earlier, according to the Census Bureau.

http://buswk.co/uY6SZU



Wealth gap between old and young becomes widest ever

While people typically accumulate assets as they age, this wealth gap is now more than double what it was in 2005 and nearly five times the 10-to-1 disparity a quarter-century ago, after adjusting for inflation.

http://www.heraldextra.com/news/national/article_06bf8df6-9b5a-5f6e-96a9-7b465643fcd1.html



Most of the unemployed no longer receive benefits

The jobs crisis has left so many people out of work for so long that most of America s unemployed are no longer receiving unemployment benefits.

http://www.cnbc.com/id/45174237



Large numbers of US households to be denied heating assistance this winter

The ongoing economic crisis has driven up the number of American households applying for home heating assistance this winter. Federal funds, however, are likely to be slashed virtually in half from last year.

http://www.wsws.org/articles/2011/nov2011/heap-n07.shtml


From Information Clearing House



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=economic+crisis
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=job+crisis
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=unemploy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=poverty
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