This represents an increase of 2.5 million poor children since 2000, when poverty affected 17 percent of children in the United States, says the Annie E. Casey foundation.
This study looked for the first time the impact of the economic downturn on U.S. children. The researchers conclude that children from low-income households are likely to continue to suffer academic consequences, economic and social, even if their parents have fallen back on their feet for a long time.
The study found that poverty increased in 38 of the 50 states, and that Nevada has the highest rate of children whose parents are unemployed or underemployed. This state also has the largest number of children affected by foreclosures – 13 percent of children in Nevada have been driven from their homes due to mortgage fell into default.
This annual study says that poor children are more likely than others to live in unstable environments and frequent changes of school. Consequently, they are also less likely than more affluent children to become productive adults.
New Hampshire tops the ranking, with only 11 percent of poor children. It is followed by Minnesota, Massachusetts and Vermont. Mississippi ranks dead last for the tenth consecutive year, having just beaten by Louisiana and Alabama.
Dell, however, weighs in on the Nasdaq plunging 6.45% to 14.78 dollars after the disappointing results announced after the close Tuesday.