§ The world is on track to meet the MDG target of halving the proportion of people living on less than $1 a day in 1990-2015.
§ The % of people living in extreme poverty dropped from 46% to 27%.
§ The # people living under $1.25 a day declined from 1.8 billion to 1.4 billion in 1990-2005.
§ The % of underweight children under five declined from 31% to 26% in 1980-2008.
§ The poverty rate in East Asia fell from nearly 60% to under 20% over 25 years.
§ Progress in many developing countries is being sustained.
§ Poverty rates are expected to fall to around 5% in China and 24% in India by 2015.
The Bad News
§ There were an estimated 830 million undernourished people in 2005-2007, 13 million more than in 1990-1992.
§ About 1 in 4 children under five is underweight in the developing world.
§ Southern Asia alone accounts for almost half the world’s undernourished children.
§ Children in rural areas are nearly twice as likely to be underweight as those in urban areas.
§ The poverty rate has declined only slightly in Sub-Saharan Africa from 58% to 51% in 1990-2005.
§ The World Bank estimates that the effects of the economic crisis will push an additional 64 million people into extreme poverty in 2010.
§ In 2015, roughly 920 million people would still be living under $1.25 a day.
§ Sub-Saharan Africa, Western Asia and parts of Eastern Europe and Central Asia are not expected to achieve the MDG poverty reduction target.
Around the Corner
§ About 44 million Americans – 1 in 7 - live below the poverty level of $22,000 for a family of four.
§ That is the largest number of people since the census began tracking poverty 51 years ago.
§ DC poverty rate is the highest in the nation at 17%.
§ Virginia's poverty rate rose the most to 10.5%.
§ Maryland's edged up half a percentage point to 9%.
§ The country has almost 4 million fewer wage-earners since 2007.
§ There are more children growing up poor.
§ The official poverty rate increased for all races and ethnicities except Asians. § Income in black households dropped 4.4% percent.
§ Income in white households dropped 1.6% percent.
§ Household income is down 5% percent to under $50,000 from its peak of above $52,000 in 1999.
§ The # of people without health coverage increased to more than 51 million.
§ The Gini Coefficient is rising since 1967.
§ If this trend continues, the US will reach a Gini Coefficient of 0.546 in 2043 - equal to Mexico's in 2000.
§ Unless the US breaks this trend, the American middle class will be a thing of the past.
The Better News
§ Median income did not go down for those who still had jobs.
§ Median income for men working full time rose 2% to $47,000.
§ Median income for women working full time rose 2% to $36,000.
§ The # of poor people 65 or older fell, largely as a result of increases in Social Security payments.
§ A greater-than-ever percentage of those who do have health insurance are getting it from the government.
UN MDGs data sheet on poverty
Washington Post reporting on US Census data on poverty