Understanding ALICE: Assets Limited, Income Constrained, Employed

The United Way's ALICE (Assets Limited, Income Constrained, Employed) initiative is critical in understanding the financial challenges faced by a significant segment of the population that, despite being employed, struggles to meet basic needs. ALICE households earn above the Federal Poverty Level but below the basic cost of living, making them vulnerable to financial instability. These annual reports provide invaluable data on the number of ALICE households, their demographic characteristics, and the economic pressures they face. This information is crucial for policymakers, community leaders, and service providers to develop targeted strategies and programs to support these households, ensuring they can achieve financial stability and thrive in their communities. The insights from ALICE reports help drive informed decisions and foster collaboration among stakeholders, ultimately working towards a more equitable society.