6/28/10 - Trust-funded report finds living expenses in NYC rising far faster than wages.

The Trust funded the production of this report on the state of impoverished families living in New York City.

6/28/10
Living Expenses Rising Far Faster than Wages, Study Finds
By EMILY B. HAGER

For New York City families, increases in the cost of living have far outpaced wages, according to a report to be released Tuesday by a national organization working to advance economic equality for women and their families.

The report, known as the Self-Sufficiency Standard for New York City, which is released every five years by the Women’s Center for Education and Career Advancement, compares the amount of money a family needs to make ends meet with the federal poverty level, commonly used to determine whether families receive subsidized housing, food stamps and other supports. Read more>>