United Way Initiative ALICE
United Way coined the acronym ALICE which stands for Asset Limited, Income Constrained, Employed. The ALICE Report places a spotlight on a large population of hardworking residents who work yet have little or no savings, and are one emergency from falling into poverty. The ALICE Report is the most comprehensive depiction of need in Michigan to date. By unveiling new metrics including the ALICE Threshold, Household Survival Budget and Economic Viability Dashboard, our communities now have the proper tools to discuss need around the state.
- The United Way ALICE Report reveals:
More than 60 percent of all jobs in Michigan pay less than $40,000 a year and low-income jobs are projected to dominate the state’s economy for the foreseeable future.
- ALICE is men and women, young and old, of all races, closely mirroring our state’s basic demographic make-up. More than 77 percent of the ALICE population is white and 42 percent are within their prime wage-earning years of 45 to 64 years old.
- Nearly three-quarters of Michigan’s 1,529 municipalities have 30 percent or more households unable to make ends meet. The average income needed in order to survive in Michigan depends on local conditions and ranges from $47,000 to $62,000 annually for a family of four, more than double the official poverty U.S. poverty rate.
- Despite the combination of ALICE’s wages and some public assistance, ALICE households still face an average 14 percent income gap in order to reach financial stability.
Follow this link to the Michigan report.