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The poverty rate can fluctuate due to various economic factors, including changes in employment opportunities, wage levels, and social safety net programs. An increase in the poverty rate often indicates rising unemployment, inflation, or insufficient access to education and healthcare. Conversely, a decrease in the poverty rate typically reflects economic growth, improved job availability, and effective policy interventions. Monitoring these trends is crucial for assessing the overall health of an economy and the well-being of its population.

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2mo ago

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