Report

Poverty Rates Fell in 2000 as Unemployment Reached 31-Year Low

The economy grew for the ninth consecutive year in 2000, with the unemployment rate falling to 4.0 percent, its lowest level in more than three decades. The data on poverty and income the Census Bureau released today reflect these developments. These data show the overall poverty rate dropping to its lowest level since 1979 and tying for the lowest level on record, with poverty rates for African-Americans and female-headed families setting all-time lows and poverty rates for Hispanics, non-Hispanic whites, Asians and Pacific Islanders, and people 65 and over matching all-time lows.