By LISA CAPOBIANCO STAFF WRITER A large number of Connecticut families may be working hard on a daily basis, but they still struggle to make ends meet. A recent report released by Connecticut United Ways shows that there are more than 470,000 households in the state are unable to pay for the costs of basic needs. The report places a spotlight on a population of individuals and families called ALICE, which is an acronym that stands for Asset Limited, Income Constrained, Employed. Using data from a variety of sources such as the U.S. Census and the American Community Survey, the report depicts financial need in Connecticut to date and seeks to analyze more in depth why many working families continue to struggle. According to the United Way ALICE Report, a total of 332,817 Connecticut households fall into the ALICE population, which includes households that earn more than the official U.S. poverty level, but less than the basic cost of living. This is more than double the number of households that fall below the U.S. poverty level, the report stated. The report states that ALICE and poverty households combined account for 35 percent of Connecticut households that struggle to make ends […]
By LISA CAPOBIANCO STAFF WRITER A large number of Connecticut families may be working hard on a daily basis, but they still struggle to make ends meet. A recent report released by Connecticut United Ways shows that there are more than 470,000 households in the state are unable to pay for the costs of basic needs. The report places a spotlight on a population of individuals and families called ALICE, which is an acronym that stands for Asset Limited, Income Constrained, Employed. Using data from a variety of sources such as the U.S. Census and the American Community Survey, the report depicts financial need in Connecticut to date and seeks to analyze more in depth why many working families continue to struggle. According to the United Way ALICE Report, a total of 332,817 Connecticut households fall into the ALICE population, which includes households that earn more than the official U.S. poverty level, but less than the basic cost of living. This is more than double the number of households that fall below the U.S. poverty level, the report stated. The report states that ALICE and poverty households combined account for 35 percent of Connecticut households that struggle to make ends […]