A Snapshot of Poverty in California CHRIS HOENE EXECUTIVE - - PowerPoint PPT Presentation

▶

Apr 26, 2023 465 likes •553 views

A Snapshot of Poverty in California CHRIS HOENE EXECUTIVE DIRECTOR NOVEMBER 3, 2016 BAY AREA ASSET FUNDERS NETWORK 6 TH ANNUAL ASSET BUILDING SYMPOSIUM calbudgetcenter.org Although Poverty Declined in 2015, Many People Are Still Not Sharing

SLIDE 1

A Snapshot of Poverty in California

CHRIS HOENE EXECUTIVE DIRECTOR NOVEMBER 3, 2016 BAY AREA ASSET FUNDERS NETWORK 6TH ANNUAL ASSET BUILDING SYMPOSIUM

calbudgetcenter.org

SLIDE 2

| 2

Child Poverty Rate Poverty Rate 5 10 15 20 25% 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 17.3% 12.4% 15.3% 21.2% 17.0% 23.8%

Although Poverty Declined in 2015, Many People Are Still Not Sharing in California’s Recent Economic Gains

Percentage of Californians With Incomes Below the Official Federal Poverty Line

Source: US Census Bureau, American Community Survey

End of Great Recession

SLIDE 3

| 3

Economic Hardship Is More Common Across All Age Groups Under a Better Measure of Poverty

Average Annual Percentage of Californians in Poverty, 2013-2015

Source: Budget Center analysis of US Census Bureau, Current Population Survey data

Official Poverty Measure Supplemental Poverty Measure 5 10 15 20 25% Seniors (65 or Older) Working-Age (18 to 64) Children (Under 18) All Ages 20.6% 21.5% 19.5% 23.8% 14.9% 13.1% 11.7% 20.3%

SLIDE 4

| 4

For Most Groups, Children Are More Likely to Live in Poverty Based on a Better Measure of Hardship

Average Annual Percentage of California Children in Poverty, 2013-2015

Note: Racial and ethnic groups are mutually exclusive. Asian, black, white, and “other” exclude children who also identify as Latino. “Other” includes Pacific Islanders, Native Americans, and children who identify with more than one race. Source: Budget Center analysis of US Census Bureau, Current Population Survey data

Official Poverty Measure Supplemental Poverty Measure 5 10 15 20 25 30 35% Other White Latino Black Asian 12.1% 33.2% 33.5% 29.7% 10.2% 19.4% 14.8% 25.7% 18.6% 10.6%

SLIDE 5

| 5

Public Supports Lift Many California Children Out of Poverty Each Year

Average Annual Number of Children Lifted Above the Poverty Line, 2009 to 2012

Note: This analysis is based on the US Census Bureau’s Supplemental Poverty Measure after correcting for underreported public supports using US Department of Health and Human Services data and the Urban Institute TRIM model. Source: Center on Budget and Policy Priorities

200,000 400,000 600,000 800,000 SSI/SSP Unemployment Insurance Social Security Federal Housing Assistance CalWORKs CalFresh Federal EITC & Child Tax Credit

SLIDE 6

| 6

Poverty Rates Remain High in Many Parts of the State, Even in Places Where Job Gains Have Been Strong

Percentage-Point Difference in Official Federal Poverty Rate Between 2007 and 2015

Source: Budget Center analysis of US Census Bureau, American Community Survey data

No Data Available Up to 4.0 Percentage Points Higher No Statistically Significant Difference 4.1 to 8.0 Percentage Points Higher More Than 8.0 Percentage Points Higher

SLIDE 7

| 7

State of the State: Policies to Foster Economic Opportunity in California

SLIDE 8

A Snapshot of Poverty in California

calbudgetcenter.org

Although Poverty Declined in 2015, Many People Are Still Not Sharing in California’s Recent Economic Gains

Economic Hardship Is More Common Across All Age Groups Under a Better Measure of Poverty

For Most Groups, Children Are More Likely to Live in Poverty Based on a Better Measure of Hardship

Public Supports Lift Many California Children Out of Poverty Each Year

Poverty Rates Remain High in Many Parts of the State, Even in Places Where Job Gains Have Been Strong

State of the State: Policies to Foster Economic Opportunity in California

1107 9th Street, Suite 310 Sacramento, California 95814 916.444.0500 choene@calbudgetcenter.org @ChrisWHoene @CalBudgetCenter

calbudgetcenter.org