Today, we're exploring why some states in the US are struggling financially. According to the US Census Bureau, around 38 million Americans were living in poverty in 2022, which is about 11.5% of the population. This rate has remained relatively unchanged from the previous year but is higher than before the pandemic. Why are these states struggling? Rising prices are making it difficult for families to make ends meet. Additionally, areas with higher populations of Black residents often experience higher poverty rates, highlighting persistent disparities in economic well-being.
However, it's not all bad news! States like Minnesota, Washington, and Maryland are faring better, thanks to the presence of companies like Target, Amazon, and Marriott that boost local economies and communities. So, today on Journey Gemstone, we're going to be taking a look at the 15 Poorest States in the United States in 2024 and explore why they're facing economic challenges.
While we do our best to provide you with the most accurate information. These are after all just our take based on data we analyzed. You should make your own decisions based on your own experiences by visiting the places we talk about!
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