Poverty rate increases for first time since 2010

The poverty rate in the United States rose by 4.6 percentage points in 2022, according to new data from the Census Bureau, in its first increase since 2010.The Supplemental Poverty Measure (SPM), which measures income and benefits plus government programs such as tax refunds and food stamps, rose to 12.4 percent in 2022.The data also found that the child poverty rate more than doubled, from 5.2 percent in 2021 to 12.4 percent in 2022, and rates also increased for ages 18 to 64 and peop