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来源类型Fact Sheet
规范类型其他
Wellness Check: Financial Instability Among Families with Infants and Toddlers
Caroline Ratcliffe; Archana Pyati
发表日期2019-06-17
出版年2019
语种英语
概述Families with infants and toddlers face significant, ongoing child-related expenses, such as daycare, diapers, and formula, that can strain household budgets. Couple these with unexpected shocks, such as a medical bill for a sick child or lost wages from caring for a sick child (i.e., no paid leave) and a lack of emergency savings, and it’s easy to see how families with young children—even against a
摘要

Families with infants and toddlers face significant, ongoing child-related expenses, such as daycare, diapers, and formula, that can strain household budgets. Couple these with unexpected shocks, such as a medical bill for a sick child or lost wages from caring for a sick child (i.e., no paid leave) and a lack of emergency savings, and it’s easy to see how families with young children—even against a backdrop of low unemployment and an improving economy—struggle with financial instability.

We turned to data from a unique data source—the Urban Institute’s Well-Being and Basic Needs Survey—to understand financial instability among parents of young children, which can have short- and long-term consequences for children’s development.

The survey found that a significant share of parents of children under age 3 face financial challenges, including unexpected drops in income, unexpected expenses, and the inability to cover a $400 emergency expense. Low-income parents of young children are substantially more likely—in some cases twice as likely—compared with all parents of young children to face these challenges.

主题Children ; Families ; Income and Wealth ; Poverty, Vulnerability, and the Safety Net ; Job Market and Labor Force
URLhttps://www.urban.org/research/publication/wellness-check-financial-instability-among-families-infants-and-toddlers
来源智库Urban Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/480633
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Caroline Ratcliffe,Archana Pyati. Wellness Check: Financial Instability Among Families with Infants and Toddlers. 2019.
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