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The ALICE Report: Unpacking Financial Need in North Carolina

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Manage episode 486471506 series 3519732
Content provided by Institute for Emerging Issues. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Institute for Emerging Issues or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Many families across North Carolina are unprepared for an economic downturn or just one emergency away from a financial crisis. According to a 2023 survey by the Consumer Financial Protection Bureau, 40 percent of American households reported they would be unable to cover more than a month’s expenses if they lost their main source of income. The 2024 Emerging Issues Forum examined financial resilience: a household’s ability to financially withstand and recover from economic challenges.
In this episode of “The Connector” IEI Director Sarah Hall and United Way of North Carolina President and CEO Brittany Pruitt Fletcher unpack the newly released ALICE Report – “Asset Limited, Income Constrained, Employed.” The report is a comprehensive depiction of financial need in the state, placing a spotlight on households earning more than the official Federal Poverty Level, but not enough to afford basic expenses such as housing, transportation, food and childcare.

The Connector podcast explores connections being made across sectors, regions and perspectives resulting in a more vibrant and prosperous North Carolina. To learn more about the Institute for Emerging Issues, visit emergingissues.org.

  continue reading

53 episodes

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iconShare
 
Manage episode 486471506 series 3519732
Content provided by Institute for Emerging Issues. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Institute for Emerging Issues or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Many families across North Carolina are unprepared for an economic downturn or just one emergency away from a financial crisis. According to a 2023 survey by the Consumer Financial Protection Bureau, 40 percent of American households reported they would be unable to cover more than a month’s expenses if they lost their main source of income. The 2024 Emerging Issues Forum examined financial resilience: a household’s ability to financially withstand and recover from economic challenges.
In this episode of “The Connector” IEI Director Sarah Hall and United Way of North Carolina President and CEO Brittany Pruitt Fletcher unpack the newly released ALICE Report – “Asset Limited, Income Constrained, Employed.” The report is a comprehensive depiction of financial need in the state, placing a spotlight on households earning more than the official Federal Poverty Level, but not enough to afford basic expenses such as housing, transportation, food and childcare.

The Connector podcast explores connections being made across sectors, regions and perspectives resulting in a more vibrant and prosperous North Carolina. To learn more about the Institute for Emerging Issues, visit emergingissues.org.

  continue reading

53 episodes

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