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Arizona again ranked among the worst states when it came to the financial security of residents, according to an annual report by the Corporation for Enterprise Development, which rated states on policies aimed at helping struggling families and on residents’ liquid assets.

More than 40 percent of Arizona households are on the brink of “financial devastation,” according to a report that again ranked the state among the worst in terms of residents’ financial security. Families hit by the economic downturn are “literally living paycheck to paycheck.” Arizona now has the fifth-highest rate of poverty in the country, with 19 percent living below the poverty line. Read more»

The map shows the likelihood of economic mobility in a region, with darker colors being those areas where people are less likely to advance. Northeastern Arizona posted the lowest levels in the Southwest.

Location matters when it comes to the chances that a child born into poverty in Arizona will move up the economic ladder during his lifetime. A recent study showed that a Tucson child from a family in the bottom-fifth income level has a 7.6 percent chance to rise to the top fifth by adulthood. Read more»

The portion of Arizonans living in poverty hit 19 percent last year, the sixth-highest rate in the nation, according to new data from the Census Bureau. It was the third straight increase in the poverty rate for Arizona. Read more» 1

Arizona had one of the highest poverty rates in the nation in 2010, at 18.6 percent of the population, according to data released Tuesday by the Census Bureau. Read more»