Friday, September 14, 2012

Latest Poverty Count Shows Arizona's Hispanics Suffering Most Under Obama Administration

Poverty, Unemployment, Income Disparity For Hispanics - 30% of Arizona's Population - Far Exceeds National Average

PHOENIX – It's no surprise that this month’s devastating poverty report from the U.S. Census Bureau shows median household income nationally has declined more than 8% since 2007, the year before President Obama took office. But while Obama’s policy failures continue to damage the overall U.S. economy, Hispanics continue to experience extraordinary suffering, based on four key economic indicators recently provided by the federal government:

Among Hispanics the poverty rate is now over 25%. That’s 13.2 million of the nation’s 51 million Hispanics. Hispanics are 30% of Arizona’s population, and are almost twice as likely to be living in poverty as the rest of the population.

Unemployment under the Obama Administration has been above 8% for 43 straight months while the unemployment rate for Hispanics is significantly higher - at 10.2%.

For every dollar earned by workers overall, Hispanics only earn an average of 77 cents.

With more than 15% of the U.S. population uninsured, that rate doubles for Hispanics – to 30% - meaning 15.8 million Hispanics currently have no health insurance.
"Not only has President Obama failed to get the nation as a whole back to work, he’s clearly ignored the desperate needs of one-third of Arizona’s population – Hispanics,” said Arizona Republican Party spokesman Tim Sifert. "Rather than offer solutions for real economic recovery, Barack Obama and his handpicked Democrat recruit Richard Carmona can only promise Arizonans more of the same liberal policies that has made the economy worse.“

BACKGROUND...

Poverty and Hispanics

In 2011, the official overall poverty rate was 15.0 percent. There were 46.2 million people in poverty in the U.S. ("Income, Poverty and Health Insurance Coverage in the United States: 2011" United States Census Bureau, Figure 4 and Table 3)

Poverty rate among Hispanics is 25.3%, or 13.2 million people. ("Income, Poverty and Health Insurance Coverage in the United States: 2011" United States Census Bureau, Figure 4 and Table 3)

Health Insurance and Hispanics

Uninsured rate national average among all groups is 15.7% ("Income, Poverty and Health Insurance Coverage in the United States: 2011" United States Census Bureau, Table 7)

Uninsured rate among Hispanics is 30.1%, or 15.8 million people ("Income, Poverty and Health Insurance Coverage in the United States: 2011" United States Census Bureau, Table 7)

Unemployment and Hispanics

National unemployment rate for August 2011 is 8.1% (News Release, Bureau of Labor Statistics, U.S. Department of Labor, 9/7/2012)

Hispanic unemployment rate for August 2011 is 10.2%. (News Release, Bureau of Labor Statistics, U.S. Department of Labor, 9/7/2012)

Income Disparity and Hispanics

Household income nationally in 2011 was 8.1% lower than in 2007 ("Income, Poverty and Health Insurance Coverage in the United States: 2011" United States Census Bureau, Figure 1 and Table A-1)

Household income nationally in 2011 was $50k, for Hispanics it was under $39,000 ("Income, Poverty and Health Insurance Coverage in the United States: 2011" United States Census Bureau, Table 1)


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