Challenge

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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.
40M
People Impacted
$ 282B
Potential Funding
I have this challenge
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.

the impact
Success Metrics
  • Better job retention

  • Increase in hourly rate

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.

attributions
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Giving Tech Labs Team - Giving.Tech

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