Tuesday, 24th October 2017
Monday, 19 March 2012 13:20

44% of U.S. families live week-to-week

WASHINGTON, Feb. 3 (UPI) -- About 44 percent of U.S. households have almost no savings to cushion a job loss, health crisis or other income-depleting emergency, a non-profit group says.

The 2013 Assets & Opportunity Scorecard by Corporation for Enterprise Development said these families lack adequate savings to cover basic expenses at the federal poverty level for three months if they suffer a loss of stable income.

Published in US NEWS

(C) 2013 Theodore Myles