Wider Opportunities for Women (WOW) in partnership with the Mississippi Economic Policy Center (MEPC) have released a new report, The Basic Economic Security Tables™ for Mississippi noting that strategies to build economic security must look beyond low skill and low wage jobs.
The report’s tables calculate how much Mississippi families need to earn for long-term economic security. The report covers over 400 family types at the state and county level. County fact sheets and an online calculator have also been developed as a resource for residents and communities across Mississippi. These helpful tools can be found on the MEPC website at www.mepconline.org.
As posted on their website,
• A single parent with a preschooler and a school-age child must earn $43,968 a year with benefits to achieve long-term economic security.
• Two parents who are both working full time with a preschooler and a school-age child must earn together nearly $55,584 a year to reach economic security.
“Too many Mississippi families are living without basic economic security with most workers unable to cover basic expenses and build savings,” said Donna Addkison, President and CEO of Wider Opportunities for Women. “Hard-working Americans need elected officials and policymakers to focus on creating good jobs and access to the education and job training that will allow them to attain and keep these jobs and move up the economic ladder.”
This report is full of helpful information, and is available for anyone wishing to better their future. Families wishing to get a broad view of their individual economic status can also find scads of helpful information. To find out more on achieving economic security visit the MEPC website. Or, to read the entire report click here.