New ‘ALICE’ Report Shows Record Increase In Financial Hardship In Connecticut
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Lisa Tepper Bates, President and CEO of United Way of Connecticut, discusses the increase in financial hardship tracked by this year’s ALICE report during a news conference at the state Capitol on Tuesday, Oct. 8, 2024. Credit: Jamil Ragland, CTNewsJunkie
State Rep. Kate Farrar (D-West Hartford) was among the speakers at the Tuesday, Oct. 8 press conference.
By Brian Scott-Smith, CTNewsJunkie.com
The United Way of Connecticut released its latest “ALICE” Report for 2024 on Tuesday showing that 13% more state residents – or an additional 65,000 households – are struggling to make ends meet despite being employed and not earning enough to cover the basic cost of living.
ALICE is an acronym for Asset Limited, Income Constrained, Employed, and according to Eric Harrison, President and CEO of United Way of Central and Northeastern Connecticut, it’s a statewide problem.
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