“This years Center for Economic Opportunity (CEO) report on poverty in New York City reflects a turning point. Our two prior annual reports documented the growing importance of the social safety net at a time when the job market was contracting and earned income was in decline. For many low-income families, the distance between their earnings and the poverty line widened. At the same time the safety net expanded, filling some, but not all, of the gap. As a consequence, from 2008 to 2010, the City poverty rate rose.”
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