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2 million statewide saw income drop at least 25% in 2010, study says

| Thursday, June 21, 2012, 4:28 p.m.

About one in five Pennsylvania residents — about two million people — lost household income by at least 25 percent in 2010 from 2009, according to a report issued on Thursday.

The 19.9 percent of the state's population was a record for Pennsylvania, according to the Economic Security Index, compiled by The Rockefeller Foundation and Yale University professor Jacob Hacker. They have compiled the index since 1986.

By comparison, 20.3 percent of all Americans experienced a household income drop of 25 percent or more between 2009 and 2010, the most-recent figures from the index show. Pennsylvania, which ranked 27th-best for 2010, historically ranks close to the national average, said spokesman Kipp Hebert.

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