ALICE Report: A crisis in the making as 66% increase in
Florida’s ALICE households in 10 years
Though ALICE (Asset Limited, Income Constrained, Employed) might be an unfamiliar acronym, the individuals it represents are hardly unknown; they are the real people that make up Florida communities- our neighbors, coworkers and friends. The ALICE population is made up of those who live above the poverty line (about $23,000 for a family of four), but whose salary does not cover the costs of living- expenses such as childcare, food, transportation and healthcare. According to the ALICE Report, a staggering 46% of Florida households fall into this category. These individuals are working- often times at more than one job- but are still unable to provide for themselves and their families.
Along with the already high costs of living in our state, this financial difficulty can also be attributed to the rise in basic expenses like housing, food and gas during the recent recession. Despite these rising living expenses, wages for many existing jobs have not increased, and starting salaries for new jobs are often even lower than before. The result is a workforce living from paycheck to paycheck, with many families only one unexpected expense away from financial crisis.
ALICE in the big bend