By using this standard, it indicates that 17% of Bay Area residents are living in poverty, as opposed to the 10% calculated using the federal poverty line. And yet, a far greater percentage make impossible choices between putting food on the table, paying medical bills, or covering rent.The following key learnings emerged from the study as outlined in the Executive Summary, which was released today:Bay Area individuals and families face financial instability and uncertainty: 1 in 2 respondents couldn’t pay all of their bills over the course of one year, and 40% of households do not have enough savings to make it through even a small emergency.Black and Latinx residents are much more likely to experience poverty and hardship: 1 in 4 Black and 1 in 5 Latinx survey respondents live in poverty compared to 1 in 7 White and Asian respondents. And, no matter their income, 77% of Black respondents reported a time when they did not have $400 in savings compared to just 18% of White respondents.Low wage workers cheap jerseys don’t have access to benefits provided to higher wage workers: 78% of https://www.wholesalejerseyslord.com households making more than $120,000 per year were able to work from home, while only 27% of households that made less than $30,000 had that flexibility a benefit proven to be essential during times of uncertainty.»Taking Count shows the clear disparities and extremities that existed in our region prior to the crisis at hand,» said Sam Cobbs, CEO of Tipping Point Community.
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