More Than One in 10 Older Adults Are Poor

More than 10 million Americans age 50 and older  – one in 10 - lived in poverty last year, about the same as in 2010, according t0 new Census data released Wednesday. Older adults fared slightly better than working-age people. Here’s how those figures broke down: About 6.5 million people 50 to 64, or 11 percent, remained in poverty last year. Among people 65 and older, 3.6 million were officially considered poor, a rate of about 9 percent. Hiring was weak …