CT ALICE Update Released
Thursday, October 13, 2016
Connecticut United Ways releases a new report on the trends impacting working families that struggle to make ends meet
Connecticut United Ways released an eye-opening report on Sunday, October 9, 2016 that looks more closely at financial hardship in Connecticut with the goal of better understanding the trends that are squeezing many in our middle class.
Two years ago, United Way introduced ALICE, which stands for Asset Limited, Income Constrained, Employed and represents the population of individuals and families who are working, but have difficulty affording the basic necessities of housing, food, child care, health care, and transportation. This newly released United Way ALICE Update analyzes ALICE households along demographic lines and consider issues such as:
How a growing number of Americans are vulnerable to financial shocks or emergencies because they cannot save enough.
How technology is making some jobs obsolete and creating opportunities in other occupations.
How the growth in the "gig economy" and on-demand employment (Uber, temp agencies, etc.) impacts ALICE workers, and more.
visit http://alice.ctunitedway.org/ to access the Connecticut ALICE Report.