Key stats, graphs, and maps on economic and social policy
15% of Americans were living in poverty in 2012, the highest rate in 50 years
The poverty rate was roughly as high as it has been in any year since 1965, but it lower than one might expect post-recession.
Today, Gen X and Gen Y have less wealth than their parents did at that age 25 years ago
Why? The foreclosure crisis was key, with home equity falling 65 percent from 2007-10 among Gen X and Y.
About 77 million Americans have a report of debt in collections
More than a third of adults with a credit file have a debt in collections and owe, on average, $5,178.
About 30% of young people ages 16–18 who left school without a high school diploma are working
They are disproportionately male, Hispanic, and not living with a parent. Most left school before high school or in 12th grade.
In 2015, the average income tax refund was $2,711
Of the 126 million tax returns the IRS processed through April 17, 2015, almost three-quarters resulted in a refund.
0.08%: The projected increase in health insurance coverage rates due to ACA’s employer mandate
The ACA’s employer mandate will not significantly expand coverage, and it may even have negative effects on low-wage workers.