United Way's Study of Financial Hardship
In May, Indiana United Ways released the 4th biennial state study of the population called ALICE – an acronym for Asset Limited, Income Constrained, Employed. This report arrived amidst the Covid-19 pandemic and while no one is immune to its direct or indirect effects, ALICE families are particularly vulnerable to hardship from both illness and economic disruption, increasing the need to more fully understand the challenges faced by 37 percent – 2,592,262 Indiana households.
From 2010 to 2018, Indiana showed steady economic improvements according to traditional measures: unemployment, GDP, wages. Yet in 2019, eight years after the end of the Great Recession, the number of ALICE households in Indiana has increased and is growing at a faster rate.
The ALICE report explains the real challenges for those who struggle to earn enough to pay for basic expenses, including county-by-county household essentials budgets, and a look at who those most impacted. As a state, the report assesses labor market trends and the benefits for our communities when ALICE households not only survive, but thrive.
Download the United Way ALICE Report – Indiana, 2020 Update
Download the Madison County Overview Report, 2020 Update
Learn more about How COVID-19 Impacts ALICE
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