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By Cherranda Smith Dec 16, 2020 The study conducted by economists at the University of Chicago and University of Notre Dame points to the one-time stimulus payment, rise in new COVID-19 cases, and July 31 expiration of additional unemployment assistance.  In the month of November, the national poverty rate increased from June’s 9.3% to 11.7%.  Researchers in the study say that without the $2.2 trillion CARES Act relief package passed in March, poverty rates would’ve been worse by now.  ...

Nearly 8 million Americans fell into poverty since June: study Sylvan Lane © Getty Images Nearly 8 million Americans fell into poverty since June: study Nearly 8 million Americans have fallen into poverty since June due to a combination of rising coronavirus cases and dwindling federal support, according to a study released Wednesday by economists at the University of Chicago and the University of Notre Dame. The national poverty rate rose by 2.4 percentage points from 9.3 pe...