New Report Seeks to Help Mississippi’s Working Families Understand and Achieve Economic Security
October 17th, 2011
New Report Seeks to Help Mississippi’s Working Families Understand and Achieve Economic Security
Wider Opportunities for Women (WOW) in partnership with the Mississippi Economic Policy Center (MEPC) will release The Basic Economic Security Tables™ for Mississippi tomorrow.
The report provides county level data on how much it costs to live to cover all basic expenses and save for long-term economic security which includes emergencies and retirement. It also includes information on how much a family needs to earn to save over time for asset purchases such as homeownership.
MEPC will use the release to promote strategies that build economic security such as:
- The pursuit of sector initiatives that train individuals for in demand jobs;
- Increasing access to capital to start small businesses among historically underserved populations;
- Supporting early childhood education as a workforce support program.
Finally, the new report, available at www.mepconline.org, will also feature a new Basic Economic Security Calculator and Wage Tool.
The new tool will update the current Self–Sufficiency Calculator and provide information on how much a family needs to earn to cover basic living expenses such as housing, utilities, food, transportation, child care and health care – while saving for emergencies, a home, post secondary education and /or retirement.
The Basic Economic Security Tables™ for Mississippi report, county-level fact sheets for all 82 Mississippi counties and the new Basic Economic Security Calculator and Wage Tool will be available at mepconline.org by late morning tomorrow.
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