How Business Leaders Can Help Employees Build Financial Stability

Laura Rosen

In Texas, we pride ourselves on working hard and being self-sufficient. However, we have not done enough to correct the fact that too many Texans are stuck in low quality jobs that make self-sufficiency all but impossible. Specifically, 2.4 million Texas workers (26 percent of all private sector jobs) earn less than $11.62 an hour […]

New Report: Texans Face Widespread Financial Insecurity

New data from the Corporation for Enterprise Development (CFED) show that our state’s growing economy is not providing sufficient economic opportunity for all Texans.  CFED’s annual Assets & Opportunity Scorecard ranks Texas at or near the bottom among all states on key measures of the ability of residents to achieve financial security, and several of […]

CFED Scorecard: Texas Economic Ladder Needs Some Fixin’

Despite an improving national economy, 49.8 percent of Texas households are in a persistent state of financial insecurity, according to the 2014 CFED Assets & Opportunity Scorecard released today.  The number of households who have little or no savings to cover emergencies or to start building a better life has barely budged from last year’s […]

Half of Texans Have Almost No Savings to Cover Emergencies or Save for the Future

Half of Texas residents are living on the edge of a financial hardship with almost no savings to fall back on as a result of a job loss, health crisis or other income-depleting emergency, according to a report released today by the Corporation for Enterprise Development (CFED). The 2013 Assets & Opportunity Scorecard defines these […]