Building Human Capital: The New Face of Poverty
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Transcript of Building Human Capital: The New Face of Poverty
Understanding the New Face of Poverty
The Buncombe County Story
Building Human Capital
The Importance of Partnerships
Understanding the New Face of Poverty
(5,000) (4,000) (3,000) (2,000) (1,000) 0 1,000 2,000
Construction
Professional & Business Services
Manufacturing
Retail Trade
Wholesale Trade
Financial Activities
Transportation,Warehouse & Utilities
Information
Leisure & Hospitality Services
Health Services & Private Education
Over Last Year Since Recession Started
Private Industry Employment in Asheville Metro
SYNEVA ECONOMICS
(5,000) (4,000) (3,000) (2,000) (1,000) 0 1,000 2,000
Construction
Professional & Business Services
Manufacturing
Retail Trade
Wholesale Trade
Financial Activities
Transportation,Warehouse & Utilities
Information
Leisure & Hospitality Services
Health Services & Private Education
Over Last Year Since Recession Started
Understanding the New Face of Poverty
2008-2010 Employment Change by Gender in Buncombe County
SYNEVA ECONOMICS
-3,163
-5,620-6,000
-5,000
-4,000
-3,000
-2,000
-1,000
0
Female Male
Understanding the New Face of Poverty
2008 - 2010 Employment Change by Age (% Group) - Buncombe County
SYNEVA ECONOMICS
-35.0%
-13.9%
-8.3%
-6.3%
-8.9%
-7.6%
-0.9%
-0.4%
-40% -35% -30% -25% -20% -15% -10% -5% 0%
14-18
19-21
22-24
25-34
35-44
45-54
55-64
65-99
Understanding the New Face of Poverty
Buncombe County Demographics
SYNEVA ECONOMICS
• Population 225,869
• Households 96,465
• Median Household Income $43,750
• Unemployment Rate 7.9%
• % People Below Poverty Line 8.9%
Understanding the New Face of Poverty
Work First Cash Assistance Recipients
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010 20
1
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
2812
6999
408
FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY20140
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
44,162
89,046Buncombe County Change in Economic Services
Cases/Unemployment Rate
FY 2006Jan: Medicare DJan: Health Choice
(NCHC ) Moves to Expanded Medicaid
FY 2007Sept: Medicaid
Citizen-ship/ID
FY 2008Nov: Health
Care for the Working Disabled (HCWD)
FY 2009Oct: Farm BillNov: Transfer
of Assets Policy
Future Predicted
Trends:
Health Care Reform
FY 2010Jan: Low Income Subsidy in MedicaidJuly: Food Stamp Employment and Training ChangesJuly: Food Stamp ABAWD WaiverAug: Citizenship for Medicaid Verified BirthsOct: Food Stamp Unemployment (UIB )ChangesNov: Changes in Adoption Assistance eligibility
FY 2011July: Food Stamp
Cat ElJuly: Deeming
(Child Care and Food Stamps)
Bunc
ombe
Unem
ploy
men
t Rat
eFood & Nutrition Cases
Medicaid Cases
PREDICTED TRENDS
Understanding the New Face of Poverty
Understanding the New Face of Poverty
Living Wages in Buncombe County
$17/hour1 Adult with1 infant or preschooler
$18/hour2 Adults with
1 child
$20/hour2 Adults with
2 children
$13/hour1 Adult with
1 child
Data From NC Justice Academy
Understanding the New Face of Poverty
Hourly Wage Supplement for Head of HouseholdsFood Assistance: $1.47/hour
Medicaid: $3.89/hour
Emergency Assistance: $1.46/hour
Child Care Subsidy: $2.50/hour
Child Support: $1.27/hour
$10.59/hour