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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.  “The entire decline in poverty through June can be accounted for by the one-time stimulus checks t...

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 percent in June to 11.7 percent in November, putting 7.8 million people below the poverty line, accord...