UN SDG #8 Decent Work and Economic Growth UN SDG #8
UN SDG #1 No Poverty UN SDG #1

challenge

0 shares

Poverty Eradication through Stable and Well Paid Jobs

In 2017, an estimated 39.7 million Americans lived in poverty according to the official measure. In other words, 12.3 percent of the US population cannot find work sufficient to make a livable wage.

challenge

0 shares

Poverty Eradication through Stable and Well Paid Jobs

In 2017, an estimated 39.7 million Americans lived in poverty according to the official measure. In other words, 12.3 percent of the US population cannot find work sufficient to make a livable wage.
39.7M
people impacted
$281.6B
potential funding
the problem
Nature and Context

Many of the US's best-paying jobs require a technical degree, undergraduate degree, or master's degree. These degrees are expensive and can be financially unobtainable for someone living on the federal minimum wage of $7.25 per hour.

When the labor market is strong, it offers increased employment opportunities for those living in poverty because of the competition for labor. A better labor market leads to better pay for employees.

Symptoms and Causes


the impact
Negative Effects
  • The unemployment rate for African-Americans is typically two to two-and-a-half times that of whites. 

  • In 2018, the poverty rate for people living with a disability was 25.7%. That’s nearly 4 million people living with a disability—in poverty.

  • In 2018, 16.2% of all children (11.9 million kids) lived in Poverty USA—that’s almost 1 in every 6 children.

Economic Impact
Success Metrics
  • Better job retention

  • Increase in hourly rate

who benefits from solving this problem
Organization Types
Stakeholders
financial insights
Current Funding
Potential Solution Funding
ideas
Ideas Description
Ideas Value Proposition
Ideas Sustainability
attributions
Contributors to this Page

Giving Tech Labs Team - Giving.Tech