For Immediate Release
September 19, 2013
Susan Duerksen, (619) 584-5744 x64, Susan@onlineCPI.org
New Census data for San Diego County show persistent poverty, lower real wages
Economic recovery has bypassed most households in San Diego County, according to an analysis by the Center on Policy Initiatives of 2012 U.S. Census Bureau data released today.
A growing number of people in the region – including many who are employed – remained mired in poverty five years after the recession began. More children have slipped into poverty. And middle-class families have lost buying power as median household income across the county continued to drop.
“People have less money to spend, even those working full-time,” said CPI Research Director Peter Brownell. “The wealthiest saw their incomes increase in 2012, but when we hear talk of economic recovery, it hasn’t reached most people in our region.”
The CPI analysis of the regional data is available at onlineCPI.org.
“Clearly, the economy can’t recover for most people until wages are high enough that our neighbors can support themselves and spend money in the local community,” Brownell said. “Poverty and low wages drag down the entire region, as these data show. The recent vote to increase California’s minimum wage to $10 an hour is a welcome first step, but too little and too slow. ”
For interviews or printed copies of the 4-page report, contact Susan Duerksen, Susan@onlineCPI.org.