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Bounding the Impact of the Recession on Poverty in Pennsylvania Mark Price PhD Labor Economist Keystone Research Center Presentation prepared for Pennsylvania.

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Presentation on theme: "Bounding the Impact of the Recession on Poverty in Pennsylvania Mark Price PhD Labor Economist Keystone Research Center Presentation prepared for Pennsylvania."— Presentation transcript:

1 Bounding the Impact of the Recession on Poverty in Pennsylvania Mark Price PhD Labor Economist Keystone Research Center Presentation prepared for Pennsylvania Budget and Policy Center, 2009 Budget Summit, February 26, 2009 Harrisburg Hilton Keystone Research Center

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4 1983 ↑6.6 percentage points 1993 ↑ 2.9 percentage points 2003 ↑ 2.8 percentage points Keystone Research Center Percent of People Living Below the Poverty Line

5 1.6 million* 2 million* 1.2 million *Estimate produced by multiplying the projected poverty rate by the 2007 population. Keystone Research Center

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