Monday 16 January 2017

Poverty trap getting worse

Published 08/09/2010 | 08:47

THE boom passed a lot of people by, and, now that everyone is worse off, the plight of those who were already caught in a poverty trap is increasingly desperate.

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The rich may not be getting richer (at least as quickly as they used to), but the poor are certainly getting poorer.

New research shows that about a sixth of households were already living in poverty as the boom years faded.

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