Despite the stereotype that New York Jews are all rich, a recent report revealed that one-third of Jews in New York - 329,000 - live below the poverty line or close to it.
The data was presented at a special conference hosted by the Municipality Committee for Jewish Poverty in New York. Participants included Senator Hillary Clinton, Mayor Michael Bloomberg and Israeli Ambassador to New York Arye Mekel. Mekel attended because a large portion of the poverty-stricken Jews in the city are of Israeli decent, many of them working and residing illegally in the US.
According to the data presented at the conference, 225,000 of 1 million Jews in New York live below the poverty line, earning less than $26,000 a year for a family of four. Another 104,000 Jews in New York live on the brink of poverty with an annual income of $38,000 for a family of four.
Conference attendees concluded that the State of Israel and the city of New York will work together against Jewish poverty.