Meaningful Work and Wealth

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Fulfilling jobs that pay a living wage and facilitate economic mobility contribute to healthy, secure lives and financial security that extends across the lifespan. Productive, rewarding work also contributes to happiness and has a positive impact on families and communities — and financial security is critical for well-being.   

Increasing access to banking and financial resources — especially for people with lower incomes and people from under-represented racial and ethnic groups — helps convert the value of work into savings that support resilience and build generational wealth. Further, removing systemic inequities will provide more paths to small-business ownership, access to capital, and other knowledge supports, contributing to equitable opportunity for careers and individual and community wealth that enable inclusive thriving.  

Meaningful Work and Wealth includes:  

  • Family and community wealth  
  • Good-paying and fulfilling jobs  
  • Job (re)training  
  • Savings and limited debt  

Key Statistics

  • In 2018, about 28 million people in the United States worked in occupations that didn’t pay a living wage.  
  • 4 in 10 Americans say they would quit their job or start a business if they had the tools and resources to do so.  
  • 43 million people in the United States lack the basic literacy and numeracy skills needed for work.