Austrian Poverty Rate Unchanged

BusinessEconomy ♦ Published: December 17, 2011; 18:17 ♦ (Vindobona)

EU-SILC 2010: No increase of the at-risk-of-poverty rate due to the economic crisis; declining living conditions for the poor in a long-term perspective.

Austrian Poverty Rate Unchanged / Picture: ©

Statistics Austria calculates an at-risk-of-poverty rate of 12% relating to about 1 million people at risk. About the half faces a chronic lack in income for 3 years at least. People endangered of poverty are persons with a low household income, which contains labor income, capital income, pensions and public aid. The at-risk-of-poverty threshold was € 1,032 per month and person (€…