Mistake in Calculating Poverty Rates

New Yorkers worser off than expected...
(from the article: "City Refines Formula to Measure Poverty Rate")

A new calculation of the poverty rate was released in New York, that is including more everyday costs (f.e. child care, clothing, housing). Regarding this, the poerty rate increases to 23% of the population the poverty rate of elderly from 1 of 5 to 1 of 3. Still the extreme poverty rate has declined little.
The new formula is said to be used soonly everywhere since it gives a more realistic view of the current living situations of the people. It is the start of a "national re-examination about the way poverty is gauged".