by Kate Czaplinski 11/21/2014
A report released this week by the United Way of Connecticut is shedding light on the large number of hard-working families in the state that are still struggling to make ends meet.
United Way released the Asset Limited, Income Constrained, Employed (ALICE) Study of Financial Hardship, showing that 474,445 households in the state are unable to pay for the costs of basic household needs in Connecticut. The report was done by United Way’s research partner, Rutgers University.
ALICE is the most comprehensive depiction of financial need in the state to date, according to Richard Porth, president and CEO of the United Way of Connecticut, using data from a variety of sources, including the U.S. census and the American Community Survey.
The report shows that while 10% of the state population is living under the federal poverty line, another 25% struggle to pay basic household needs, are unable to save for the future and would be unable to weather an emergency without falling into poverty.
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