Financial Hardship on the Rise: ALICE Update for Southwest Michigan
Despite wage growth, financial struggles persist in Southwest Michigan and across the state, with over 1.7 million households living paycheck to paycheck. The latest ALICE (ALICE: Asset Limited, Income Constrained, Employed) Update highlights the challenges faced by working families, revealing a decade-long trend of rising financial hardship. Racial disparities, high childcare costs, and limited access to food assistance contribute […]
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