Report

Using three Center for Working Family sites, this study looks at the financial growth made by CWF families from initial intake through a follow up survey about a year later. The report includes financial background information followed by a description of study participants. The remainder of the report analyzes study findings to see if families are better off. 

December 28, 2010

In This Report, You’ll Learn

  1. 1

    Who participated in the study.

  2. 2

    The 3 legs of the CWF comprehensive service model.

  3. 3

    Different approaches to implementing the CWF model.

  4. 4

    How the 2008 recession affected study results.

  1. 5

    How kids fared when parents work.

Key Takeaway

Having a job is the key to all other financial success and employment was illusive during the 2008 Recession

Financial progress cannot be attained without employment. Without jobs, all other financial goals – from improving credit scores to saving money or buying a house – are virtually impossible to achieve.  The scarcity of jobs hit low-income workers the hardest during the 2008 recession. Studies show that workers with the lowest incomes–household incomes of under $12,500 and those with incomes from $12,500 to $20,000 – have the highest unemployment rates.

Findings & Stats

Statements & Quotations