U.S. -China trade talks resume amid ongoing economic tensions
The world’s two largest economies, the United States and China, remain mired in a trade war, with experts suggesting that a call scheduled for Frida...
There's been a steady rise of poverty over the last two decades according to the latest report from the Inequality Observatory. It shows the number of people living below the poverty line has increased by 1.4 million in the last twenty years.
The number of people living in poverty in France has increased by 1.4 million over the last two decades, with young people being hit harder than older people, according to the latest report.
The poverty rate rose from 6.6% in 2002 to 8.1% in 2022 meaning there are now 5.1 million people who are living below the poverty line in the country. This is based on data from France's statistical institute.
Poverty is defined as having less than €1,000 per month for an individual, €1,500 for a couple without children, and €2,500 for a family with two children over the age of 14 years-old.
Single individuals are twice as likely to be affected as couples. Additionally, the report says 25% of unemployed people live in poverty compared to just 2.9% of salaried workers.
The report says that poverty is gradually expanding across the whole country.
This situation underscores a growing challenge for French society, particularly for younger generations and those without stable employment.
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