Poverty Rate in Latin America

UN: Latin American poverty rate lowest in 3 decades, with 1 million fewer poor in 2012, Associated Press, November 27, 2012, Washington Post: “The number of people living in poverty in Latin America and the Caribbean has dropped to its lowest level in three decades due to higher wages, the UN’s regional economic body said on Tuesday. Despite lower poverty levels overall, 167 million people in the region are still considered poor. That’s one million fewer than in 2011, and it represents about 29 percent of the region’s population. Of those, 66 million people remain stuck in extreme poverty, the same as last year…”