Together, can help families today, tomorrow and in the future achieve economic stability.
This is an important component of improving child well-being because children thrive when their families thrive.
United Way has supported families and provided financial tools and resources for over 100 years. Today, our strategy must reflect the context of the infectious disease COVID-19 — a disease that has now killed hundreds of thousands of people and infected millions over the past year.
We know that the COVID pandemic has had a crushing impact on many industries and left millions of Georgians out of work, but it has had a disproportionate impact on the Black community. This extends to employment and wages, too.
Black worker unemployment has been almost twice as high as unemployment for white workers. This will have a lasting impact on household budgets and the ability of families to rebound.
When the Great Recession began in 2007, Black workers’ unemployment rate increased to double digits and remained that high for more than six years.
In comparison, the unemployment rate among white workers never reached double digits during the Great Recession or its recovery. It took more than 10 years for Black workers’ incomes to return to their pre-recession levels.
But even for those who are working, many are working fewer hours or have experience months without income in 2020. Tax refunds have provided an opportunity for low and moderate-income families to accumulate savings.
However, because so many families worked fewer hours in 2020, they earned less and will not have the additional dollars they may have received in the past.
According to the Center for American Progress, families use tax refunds to improve their economic stability:
- 84% used part of their refund to pay off a debt
- 61% used part of their refund for child care expenses
- 33% used part of their refund to purchase or repair a car
- 47% put part of their refund aside as savings for goals or future expenses
As a community, United Way donors and volunteers have responded to this crisis with generosity.
We have helped thousands of families by packing snacks for kids, delivering meals, donating to food banks, providing rent assistance and increasing access to health services by providing digital technology.
If we want to continue the good work of improving child well-being, we can work together this winter to help more families in Greater Atlanta become financially stable.
With your help
United, we can help more than 13,000 families build wealth by expanding outreach across our region so that more families are aware that they can get their taxes done for free. We can provide online resources and virtual tax support through our Volunteer Income Tax Assistance program, along with drop off and limited in-person options during the pandemic.
$750 ensures that 50 families receive outreach and online tax support. $1,000 would provide financial coaching for 65 families.
We can help more than 2,000 individuals increase their wages and close the skills gap by increasing opportunities for hands-on work experience such as internships and apprenticeships and providing low-wage workers with financial support to secure credentials in high demand careers.
$500 would provide a month of on-the-job training for someone who has been forced to retool and start working in a new industry. $2,500 provides job placement and six months of employment support to enable a young adult or a new parent to be successful in a high-tech job and compete in the marketplace.
We can help more than 27,000 families secure housing basic needs by ensuring that fundamental elements of life like stable housing, food security and reliable transportation are in place so that families avoid a financial crisis.
$500 can provide 30 days of rent or utility payments for a single mother who has lost her job to help her family avoid eviction.
Join us today as we invest in our communities and help families achieve economic stability.