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Index measures ‘economic insecurity’

1 in 5 New Yorkers see a decline in income

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More than one in five New Yorkers saw a significant economic loss in 2010, according to a new report. “Economic Insecurity Across the American States,” provides a state-by-state breakdown of economic insecurity. It uses a fairly new measure, called the Economic Security Index, that tracks the proportion of Americans who see their available household income — their household income after paying for medical care and servicing their financial debts — decline by 25 percent or ...

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