More than 25% of Connecticut households were in financial precarity pre-pandemic, but that figure has likely soared

By Eliza Fawcett September 6, 2020

More than a quarter of Connecticut households lived in financial precarity in 2018,
according to a new report, but that figure has likely soared this year as the coronavirus
pandemic has forced layoffs and wage reductions for many workers, local leaders said last
The 2020 ALICE Report, released Sunday by the Connecticut United Ways, found that in
2018, 27% of Connecticut households met the criteria for “ALICE,” an acronym for “Asset
Limited, Income Constrained, Employed.” Another 11% of households earned below the
federal poverty line. ALICE households and those below the federal poverty line do not
have enough income to cover both current and unforeseen expenses, meaning that an
emergency expense, change in income or damage from a natural disaster can be

Continue Reading: Hartford Courant