Nearly One-Third of American Families 'One Crisis Away' from Poverty Nearly 40 million U.S. families, or 29% of households, are categorized as ALICE (Asset Limited, Income Constrained, Employed), a term created by United Way to describe those earning above the poverty line but insufficient to meet basic needs. This statistic highlights the growing financial vulnerability amid sluggish wage growth and rising costs, with these families being just one emergency away from poverty. This is in addition to the 37.9 million Americans, or 11.5% of the population, already living below the poverty line according to the U.S. Census Bureau. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed Chair Powell Stresses Patience on Rate Cuts Amid Inflation Battle READ MORE UBS Sees Strong Potential in Commodities, Elevates Precious Metals Allocation READ MORE Oil Markets in a Tightrope Walk: Supply Scarcity and Economic Woes READ MORE Potential 2025 Recession Could Plunge Stock Market by 30%, Experts Warn READ MORE Pandora's Sustainable Shift: Embracing Recycled Precious Metals READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment