Meaningful Work and Wealth
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
- 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.