Pew’s financial security and mobility project studies the financial well-being of American families and how their balance sheets relate to both short-term financial stability and longer-term economic mobility. The initiative builds on Pew research that shows savings and assets are key to moving up the economic ladder, both within a lifetime and across generations. The project strives to foster policy debate and action on how best to improve opportunity to ensure that the American Dream is within reach of everyone.
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Aug. 22, 2016, marks the 20th anniversary of the signing of the Personal Responsibility and Work Opportunity Reconciliation Act, known as welfare reform, which profoundly changed the way low-income families received government assistance. The law replaced the federal Aid to Families With Dependent Children program with Temporary Assistance for Needy Families (TANF), which requires that... Read More
The financial well-being of American families is fundamentally driven by the labor market and the relationships workers have with their employers. In 2013, the most recent year for which data are available, 83 percent of tax filers reported income from an employer. Read More
The Pew Charitable Trusts, in partnership with the U.S. Senate Economic Mobility Caucus, hosted a briefing June 17 highlighting the challenges that rural communities face in creating opportunity. Read More