Twin reports by Pew show many families are economically fragile
“Twin reports by the Pew Charitable Trusts substantiate what too many people know firsthand. Despite a better economy, a lot of families are struggling financially. And often it’s because of instability in their pay or financial emergencies. Pew has been studying the impact that income volatility and financial shocks can have on people’s ability to budget and save. For the two new reports, Pew analyzed its Survey of American Family Finances from two years, 2014 and 2015.”