October 10, 2016
More Connecticut households are struggling to pay for their most basic needs, according to a new report from United Way. More than one out of four households – in one of the wealthiest states in the U.S. – are employed, yet still fall below what is needed to thrive financially. That is an increase in both the number and percentage of such households in 2014 as compared with 2012, according to the updated ALICE report.
A total of 361,521 Connecticut households fall into what the study describes as the ALICE population. These are households earning more than the official U.S. poverty level, but less than the basic cost of living. This is more than 2.5 times the number of households that fall below the federal poverty level. ALICE households make up 20% or more of all households in 114 (67%) of Connecticut’s 169 cities and towns.
Continue reading: ctbythenumbers.com
By Andrea Sears October 10, 2016
More than a quarter of Connecticut households have jobs but still have trouble making ends meet, according to an updated report from United Way. Meet ALICE, a term that applies to more than 350,000 households in Connecticut. It stands for Asset Limited, Income Constrained, Employed. And according to Richard Porth, CEO of United Way of Connecticut, those numbers have grown since the first ALICE report two years ago.
Continue reading: publicnewsservice.org
By Kristi Allen October 10, 2016
The federal poverty rate is commonly regarded as inadequate for measuring the true scope of financial hardship in this country,” United Way of Western Connecticut CEO Kim Morgan said. “The ALICE report shows that the federal poverty rate is woefully inadequate to support an individual, let alone a family.”
Despite having leveled off since 2012, the number of financially insecure families in Connecticut is still growing.
“The number of households below the poverty line and the ALICE threshold is continuing to increase at a time when I think we were all starting to expect to see things getting better,” United Way ALICE Project Director Stephanie Hoopes Halpin said.
Despite recent news that the median income has increased and poverty has declined around the country, Connecticut households in poverty increased 1 percent from 2012 to 2014 and households below the ALICE threshold grew 2 percent. Thirty-eight percent of all households in Connecticut fell into one of these groups.
Continue reading: ctnewsjunkie.com
By Ryan Blessing October 9, 2016
More households in Connecticut are struggling just to make ends meet, according to a new report released today by the United Way.The updated ALICE report says both the number and percentage of households in Connecticut struggling to pay for their most basic needs increased from 2012 to 2014. More than one out of four households in one of the wealthiest states are employed, yet still fall below what is needed to thrive financially, according to the report. ALICE is an acronym for those described as Asset Limited Income Constrained Employed, according to the United Way.
Continue reading: Norwichbulletin.com
By Mara Lee October 9, 2016
United Way has issued its second report — the first came out two years ago — to remind people that there are a substantial number of families with earnings or retirement income above federal poverty level, but barely enough to meet basic necessities. About a quarter of Connecticut households fall into that category, which the United Way calls ALICE, or Asset Limited, Income Constrained, Employed. A single person earning up to $22,656 could be in that category, while a family of four, including two children in need of full-time day care, would need $70,788 for a “survival budget,” the report said. Since the census showed the median income for a single mother in Connecticut in 2015 was $41,014, there are plenty of families in this paycheck-to-paycheck life.
Continue reading: Hartford Courant