ALICE Report: More Connecticut homes are financially insecure
Connecticut United Ways held a conference in Hartford Tuesday to discuss the 2023 ALICE Report findings – most notably the increase in Connecticut households experiencing financial insecurity.
The data showed more households are experiencing financial insecurity due to the pandemic and current inflation rates.
“Many of us are to work sick because they can’t afford to be out of work and fall behind on their bills,” says Jessica Vargas, of New Britain. “So many of us are one accident away from homelessness because things truly spiral that fast.”
Pandemic aid given to families in the past few years temporarily gave relief to families, but those resources are no longer being provided, making the cost of living more difficult for households to cover.
Connecticut United Ways is working with legislators to consider the report findings and help Connecticut families.
According to its website, United For ALICE is “a driver of innovation, research, and action to improve life across the country for ALICE (Asset Limited, Income Constrained, Employed) and for all.”
Read the 2023 Report - COVID and the Financial Hardship in Connecticut