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Financial Stability

Our Results*

connected to new income supports/benefits
households improved economic stability
people placed in jobs

* Cumulative data from FY 2012-2016. Not all unique individuals.

Job Training

The Challenge

Too many people in our region know what it’s like to be unemployed or to work multiple jobs and it’s still not enough. Too many people have to decide between filling the fridge or filling a prescription. Too many people are struggling to repair their credit and save for the future. And too many families don’t have the opportunity for financial stability. In our region:

  • The unemployment rate is 7% regionally and up to 20% in some United Way partner communities
  • The poverty rate averages 33% in many United Way partner communities
  • More than 400,000 people in Cook and DuPage counties live in extreme poverty

LU2020 Strategy For Success

Our LU2020 goal focused on empowering people to get on stable financial ground with proven methods like job training and financial wellness classes. To achieve our goal, we worked with partner agencies to:

  • Place people in jobs through training, skill building and workforce development
  • Build individual knowledge of personal finance, budgeting and growing savings
  • Provide free tax assistance to connect people with appropriate credits

For the full story of how we did it, check out our LIVE UNITED 2020 report.

Success Story
Towannah builds new skills (click to view video)
Financial Stability

Together, We Can Do More

From the city to the suburbs, there is plenty to celebrate and we have so many reasons to be proud of what we have accomplished But, there are also serious issues that continue to affect neighborhoods across the Chicago region we can’t ignore. Even though we’ve exceeded our LU2020 goals in financial stability, the work is not done. We are going to use our proven strategies to continue the fight so that every family in every neighborhood across the region is financially stable. But, change doesn’t happen alone—we need you.