Employment and Jobs

Challenges Facing the Families Trying to Get to the Middle Class

June 6, 2018  • Economic Opportunities Program & Financial Security Program

In this clip, speakers from the Economic Security Summit identify the barriers that hold families back from reaching the middle class.

The Economic Security Summit is an annual convening of the nation’s top leaders in industry, academia, philanthropy, government, and nonprofit organizations, to explore challenges facing American workers and families in today’s changing economy. Given the intertwined nature of household financial and employment challenges, leaders can no longer be content to focus on partial solutions or explore ideas in siloed discussions. The Summit brings together leaders from across sectors, disciplines, and political leanings to find common ground, make connections, deepen understanding, and explore solutions to the greatest financial and economic challenges facing American households today. The Economic Security Summit is part of Reconnecting Work and Wealth, a joint initiative of the Economic Opportunities Program and the Financial Security Program at the Aspen Institute. For more information, visit as.pn/workandwealth.

Featured speakers include: Todd Greene, Federal Reserve Bank of Atlanta; Vishal Jain, Prudential Financial, Inc.; Aparna Mathur, American Enterprise Institute; Tom Shapiro, Brandeis University; Erin Currier, The Pew Charitable Trusts; and Debra Plousha Moore, Carolinas HealthCare System.

 

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“The middle class has to deal with a lot more risk than used to 10 or 20 years ago.” @VishalJain

“In most households now, both the mother and the father are working. So what happens when you have a child? What happens when somebody falls sick and someone needs to stay home?” @aparnamath

“More and more data is showing that families have no savings and very little wealth.” @CurrierErin