Number of Americans living in poverty 'increases by 4m'

ResistNet.com Banks repossessed 95,364 properties in August, up 3% from July and an increase of 25% from August 2009, said RealtyTrac, a company which charts the national picture.

The official US poverty rate in 2009 rose to 14.3% from 13.2% in 2008. In 2009, 43.6 million Americans lived in poverty, up from 39.8 million the year before, the third consecutive increase, the bureau said.

The poverty figure is not a relative measure as many in Europe are, but looks simply at the amount of money going into a household.

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