29% of households have jobs but struggle to cover basic needs: They are 'one emergency from poverty,' one expert says
www.cnbc.com
Nearly 40 million families, or 29% of the population, are defined as ALICE, which stands for Asset Limited, Income Constrained, Employed.
  • TexasDrunk@lemmy.world
    14·
    2 months ago

    Way low. A fifth of people in the US have no emergency fund at all. A third have something squirreled away but not enough to cover 3 months of expenses. That’s half the country right there that’s living on the edge of ruin.