The highest affected are those in unemployment, on low incomes, lone parents, family structure, ethnicity and housing. The essay will try to explain the causes, who it affects and the impact it has on society as a whole. There are 3.5 million children living in poverty in the UK today. That is 27% of children, on average one in four. Child poverty is projected to raise from 2012/13 with an expected 600,000 more children living in poverty by 2015/16.
Poverty and Children in the United States United States has always been looked at as the richest country in the world. Other countries have taken us as their example in economics. Unfortunately poverty in recent years especially among children has reached its highest. Many children face poverty because of the economic downfall and their parent’s helplessness from lack of jobs and education. Recent studies have shown that 36% of all people in poverty are children.
Abby FICO score was 730 and the loan amount was $210,000. Her FICO score depicts that her GDS (gross debt service) and TDS (total debt service) ratios was less than the acceptable threshold. Ms. Davis maintained debt less than her gross income and the mortgage payment would be a payment that she could considerably pay with ease based upon her other obligations which are depicted in her credit score of 730(FICO). Her score displayed the willingness and the ability to make timely payments. Her criteria display no late payments in the past year.
In 1998/99 statistics show that at least 51% of all income poor children live in a household where at least one person works. Child poverty action group fact and figures show that 3.5 million children are currently living in poverty in the UK today. That’s 27 % which is 1 in every 4 child living without thing such as: proper clothes, food and even heat to keep them warm. Now what are the causes of child poverty? Most people would think that poverty occur from lack of financial income.
What is the working poor? There are 10.4 million low income working families in the United States. 47 million people, include 23.5 million children live in low-income families (BLS, 2010). The working poor represent the working population with a disposable income that does not cover basic living necessities, such as food, housing, and utilities. According to the U.S. Census Bureau (2011), more than 146 million Americans live at or below the poverty level.
With the current recession, it is a very real possibility that more than 1.5 million will be forced into homelessness in the next two years alone (PBS: Public Broadcasting Services, 2011). Imagine, that number of people do not have a permanent and safe home in which to live. Why? Why do we have so many homeless in one of the wealthiest countries in the world? Clearly homelessness is a problem in America.
The United Nation Children's Fund (UNICEF) figures show that 25,000 children die each day from poverty alone. Roghly1.1 billion people in developing countries lack access to clean water, and 2.6 billion lack basic sanitation. This leads to disease and malnutrition. More than 6 million people die each year from preventable diseases such as malaria. According to the United Nations
It has been concluded that there are millions of children leaving in poverty. What exactly is poverty? Any family (a husband, wife and two children under 18) that makes less than $23,021.Children living in poverty have a higher number of absenteeism or leave school all together because they are more likely to have to work or care for family members. Dropout rates of 16 to 24 year old students who are from low income
There is no doubt that here in America we are dealing with one of the greatest economic downfalls. It is said that 46.2 million Americans are now living in poverty. This is due to the shrinking number of jobs, the rise of the working poor, the dependency on the government is raising, health cost (the biggest threat of all) are crippling American families, and more and more children, our nations future, are living in poverty or close to poverty. Due to the recession in America people are forced to do what is necessary in order to survive. For many businesses and companies one of the easiest ways to save money has been by reducing the number of employees.
Child poverty; is a state of a child, where he or she is deprived of the necessities of living.1in 4 children suffer from poverty, within the United Kingdom, and it also affects different countries in the world. The economy in the United Kingdom is affected by the cost of £29 billion a year, which poverty imposes on society. Child poverty has increased over the years, which the research has shown. Families with children were 15% poorer, than families without children, in 1995-1996. (Child poverty action group 2000-2012).