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The social drama deepens: poverty jumped to 40.9% and affects 18.5 million people

2020-09-30T19:15:09.904Z


These are INDEC data for the first semester. Between April and June, due to the pandemic, it reached a peak of 47.2%. The outlook is even worse for children under 14 years of age: 56.3% live in poor households.


Ismael Bermudez

09/30/2020 - 16:04

  • Clarín.com

  • Economy

The social situation is becoming increasingly

desperate.

This afternoon INDEC put in numbers the depth of the crisis.

It reported that in the first half of this year

poverty reached 40.9%

of the urban population.

If that number is projected to the total of the country's citizens, it is concluded that there are

18.5 million people

 who had to endure living between January and June with income below the poverty line.

Based on the permanent INDEC Household Survey, the specialists concluded that

Because of the pandemic and the quarantine, the problem worsened after the quarantine.

Thus, 

in the second quarter of this year the poverty rate reached a peak of 47.2%, affecting 21.4 million people.

Poverty in democracy

In percentage


Source:

INDEC (1988 to 2006 and 2016 to 2018) UCA (2007 to 2015) |


* Following the resignation of De la Rúa, Ramón Puerta,


Alberto Rodríguez Saa and Eduardo Camaño

succeed each other

.

Infographic:

CLARÍN

A year ago - first half of 2019-, for a homogeneous comparison, poverty was 35.4%.

This means an increase of 5.5 points.

There are 2.5 million more poor people.

Meanwhile,

homelessness rose from 7.7% to 10.5%.

There are 1.3 million more homeless people.

From 3.5 million to almost 4.8 million.

As much or even more shocking is the

increase in child poverty

.

A year ago it had been just over half, 52.6%.

And it climbed to 56.3 .. Thus, it appears that over 9,500,000 boys under 14 years old, a year ago, 5 million lived in poor homes.

Now they add up to 5.4 million.

The official figures take into account state

aid

, such as the IFE (Emergency Family Income), bonds, food card and other subsidies paid during the semester.

To calculate indigence and poverty, the official measurement compares the

income of the population

with the values ​​of the basic basket (poverty) and the food basket (indigence).

As of June, a typical family (married couple with two minor children) needed more than $ 43,810.70 to avoid falling into poverty and more than $ 18,029.10 to avoid being indigent.

Although INDEC does not disseminate the data by quarter, “the income distribution data show that while

the average income of those who work fell 16 percent in real terms

in the annual comparison, the poorest 10 percent saw their income fall by 28.7 percent and the richest 10 percent of the population much less -11.9 percent.

Consequently, as poverty in the first quarter of 2020 was 34.6%, in the second quarter it is

47.2%,

"according to economist

Claudio Lozano

, a specialist in social issues.

While 47.2% is compared with the second quarter of 2019 - when it was 36.7% - to measure

the impact of the pandemic and quarantine

,  

in 12 months 5 million new poor were generated

, of which about 2 million are newly homeless.

Last week,

Leopoldo Tornarolli

, an economist at CEDLAS, an institute of the University of La Plata that specializes in the study of phenomena of poverty and income distribution, based on the Income Distribution reported by INDEC, said that poverty in the second quarter should be 47.2%.

Projected to the entire country, this means 21 million poor people.

With the highest poverty rates, the suburbs stand out in the semester with 47.5%, Concordia 52.2% and Resistencia 48.7%.

GB

Source: clarin

All business articles on 2020-09-30

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