by Elizabeth Regan 11/21/2014
A new report designed to give a face – and a name – to financial hardship in the state was introduced Friday by the United Way of Southeastern Connecticut at its Ledyard headquarters.
ALICE – an acronym for the Asset-Limited, Income-Constrained, and Employed demographic – quantifies the households who live in the underserved gap between the poverty line and the cost-of-living threshold.
It takes a wage of $32 an hour for a family of four to meet the demands of a basic household budget, according to Rick Porth, president and chief executive officer of United Way of Connecticut. In New London County, 34 percent of households live below that threshold.
Continue reading: NorwichBulletin.com