From PPIC: Pandemic Aid Helped Lower Poverty in California
"Despite the severe economic disruptions brought about by the pandemic, government aid led to a decline in poverty last year. Census Bureau numbers released last week show a nationwide drop in poverty from 2019 to 2020 (11.8% to 9.1%), when accounting for social safety net benefits and federal pandemic relief efforts. In California, federal stimulus payments (also known as economic impact payments) and key expansions to unemployment insurance (UI) helped millions make ends meet." To read...