Wednesday, June 27, 2012

19 percent of New York Jews are destitute

About 19 percent or 361 thousand of the 1.5 million Jews in New York City, United States, are classified as destitute. The results of last year's study were presented by the UJA-Federation, a non-profit organization that specializes in helping poor Jews in the city.

The results of the UJA-Federation research revealed that one in five Jews in New York lives poorly with income each month far below the standard of living in every state. In fact, ten years ago only 15 percent of Jewish households were classified as destitute, as reported by the newspaper Yediot Ahronot, Tuesday (6/26).

Despite living just barely, the number of Jews in New York actually increased. The results of the study found the fact that births played a major role in contributing ten percent of Jewish population growth in New York rather than the number of migrants settling in the city.

In addition to examining the level of poverty, UJA-Fedaration also describes six percent or approximately 41 thousand New York Jews from Israel. They live in six areas of the city.

Even so, a study by the Pew Forum Institute in 2008 concluded that Jews were the richest religious and ethnic group in America. As many as 46 percent of Jews earn more than US $ 100,000 per year, compared to 19 percent of all Americans. The results of this year's Gallup poll found 70 percent of Jews live comfortably compared to 60 percent of Americans or other religious groups.

More than 100 of the 400 billionaire Americans on the Forbes list of the most powerful people are Jews. Six of the 20 largest companies in the country also belong to Jews.

Google founder, Sergey Brin, fathered Jews, Facebook Founder Mark Zuckerberg and his representatives were also Jewish. So was David Fischer (son of the Governor of Israel's Central Bank Stanley Fischer), Ben Shalom Bernanke (Governor of the Federal Reserve), his predecessor, Alan Greenspan, and the founder, Paul Warburg.
IWD/The Truth Seeker Media

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