New Jersey, Among Most Affluent States, Still Sees Rise in Poverty Rate

NJTV News | December 5, 2014 | Social
Advocates for the poor cite NJ’s high housing costs and economic recovery that’s lagging behind rest of nation

“There’s a real need to draw attention to the reality that even in a high-income state like New Jersey, there are so many people who are really struggling to make ends meet every day,” says Serena Rice of the Anti-Poverty Network of New Jersey.

New Jersey’s poverty rate increased from nearly 9 percent in 2007 to 11.4 percent last year.

While the U.S. poverty rate is almost 16 percent, New Jersey Policy Perspective’s Raymond Castro says those figures give the wrong impression that New Jersey’s poverty rate isn’t that bad.

Rice adds that New Jersey’s economic recovery has lagged behind other states, particularly in terms of adding well-paying jobs.

Read the full report by NJTV, a content partner of NJ Spotlight.