The state of Connecticut is known as having one of the greatest discrepancies of income inequality in the United States — so it is not surprising that the cost of basic household essentials remains out of reach for more than 39% of all households.
United Ways use the term ALICE (Asset-Limited, Income-Constrained, Employed) for households that fall above the federal poverty line but whose incomes are not enough to meet the costs of basic needs. Families in this category are employed, often with multiple jobs, but still live paycheck to paycheck — and are only one emergency or family crisis away from being in debt. Review the most recent CT United Ways ALICE Report to understand what it really costs to provide for a family in the state of Connecticut.
Today we look at the different landmines in economic policy and systems that prevent people from being able to earn and save enough to break the cycle of poverty.
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