City Limits • December 2004
When the latest poverty statistics came out in August, the numbers didn’t make very big waves. With the Republican Party roaring into New York, the fact that poverty had gone up nationally–no surprise for an economy just creeping out of a recession–barely made it to the local news at all. But a close look at New York City’s share of the numbers showed a quirk: Poverty here didn’t go up. It stayed flat.
Even more curious were the unemployment numbers. Though poverty didn’t go up in the Big Apple, unemployment plowed steadily upward; in September, it was 6.9 percent. Nationally, unemployment also rose, but on a much smaller scale. Nothing like what one would expect. After all, the more people lose jobs, the more people should be poor; and if fewer people are losing jobs, then fewer people should fall into poverty–right? Continue reading “The Big Idea: The Poverty Paradox”