People at risk of poverty or social exclusion – Statistics Explained

People at risk of poverty or social exclusion – Statistics Explained.

A recent Eurostat report has reported the following, disturbing figure in Europe:

In 2012, 124.5 million people, or 24.8 % (Figure 1) of the population, in the EU-28 were at risk of poverty or social exclusion (AROPE), compared with 24.3 % in 2011.

This data only accounts for 2012, so it does not take into account the recent drop in unemployment figures in the US and the UK. However, given the trend of low wage labour that is proliferating in the context of the current crisis (over 50% of fast food workers in the US are on social assistance, while 1 in 3 bank tellers in NYC are on social assistance) it remains to be seen whether the recent decline in  unemployment will have any discernible impact on poverty.

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