Unemployment insurance and Economic Impact Payments reduced poverty in June 2020: Number of people in poverty and reductions due to specific government programs, in 2019 and in June 2020 (thousands)
Category | Number of people |
---|---|
0 | |
Total number of people in poverty in 2019 | 33,984 |
0 | |
Unemployment insurance | 472 |
0 | |
Total number of people in poverty in June 2020 | 29,264 |
0 | |
Economic Impact Payments | 8,181 |
Unemployment insurance | 7,237 |
EIP and UI | 13,216 |
Notes: All the estimates are based on official poverty rate estimates, except the 2019 estimate of the UI poverty reduction uses the Supplemental Poverty Measure.
Source: The June 2020 estimates use percent changes in poverty from January to June 2020 estimated in Table 3, Panel A, of Han, Meyer, and Sullivan, “Income and Poverty in the COVID-19 Pandemic” (2020), http://www.nber.org/papers/w27729, and apply those estimates to the official 2019 poverty level from the 2020 Current Population Survey Annual Social and Economic Supplement.