Building Human Capital: The New Face of Poverty
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From 'Moving to the Middle' - the Buncombe County Experience
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Building Human Capital: The New Face of Poverty
- 1. Building Human Capital The Importance of Partnerships Understanding the New Face of Poverty The Buncombe County Story
- 2. Understanding the New Face of Poverty Private Industry Employment in Asheville Metro Health Services & Private Education Health Services & Private Education Leisure & Hospitality Services Leisure & Hospitality Services Information Information Transportation,Warehouse & Utilities Transportation,Warehouse & Utilities Financial Activities Financial Activities Wholesale Trade Wholesale Trade Retail Trade Retail Trade Manufacturing Manufacturing Professional & Business Services Professional & Business Services Construction Construction (5,000) (4,000) (3,000) (2,000) (1,000) 0 1,000 2,000 (5,000) (4,000) (3,000) (2,000) (1,000) 0 1,000 2,000 Over Last Year Since Recession Started Over Last Year Since Recession Started SYNEVA ECONOMICS
- 3. Understanding the New Face of Poverty 2008-2010 Employment Change by Gender in Buncombe County 0 Female Male -1,000 -2,000 -3,000 -3,163 -4,000 -5,000 -5,620 -6,000 SYNEVA ECONOMICS
- 4. Understanding the New Face of Poverty 2008 - 2010 Employment Change by Age (% Group) - Buncombe County -0.4% 65-99 -0.9% 55-64 -7.6% 45-54 -8.9% 35-44 -6.3% 25-34 -8.3% 22-24 -13.9% 19-21 -35.0% 14-18 -40% -35% -30% -25% -20% -15% -10% -5% 0% SYNEVA ECONOMICS
- 5. Understanding the New Face of Poverty Buncombe County Demographics • Population 225,869 • Households 96,465 • Median Household Income $43,750 • Unemployment Rate 7.9% • % People Below Poverty Line 8.9% SYNEVA ECONOMICS
- 6. Understanding the New Face of Poverty Work First Cash Assistance Recipients 8,000 6999 7,000 6,000 5,000 4,000 3,000 2,000 2812 1,000 408 0 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010
- 7. Understanding the New Face of Poverty 100,000 Buncombe County Change in Economic Services 12.0% 90,000 Cases/Unemployment Rate 89,046 10.0% 80,000 70,000 8.0% 60,000 50,000 6.0% 40,000 44,162 4.0% 30,000 20,000 2.0% 10,000 0 0.0% FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 PREDICTED TRENDS FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 Future Jan: Medicare D Sept: Medicaid Nov: Health Oct: Farm Bill Jan: Low Income Subsidy in Medicaid July: Food Stamp Predicted Jan: Health Choice Citizen- Care for Nov: Transfer July: Food Stamp Employment and Training Changes Cat El Trends: (NCHC ) ship/ID the of Assets July: Food Stamp ABAWD Waiver July: Deeming Moves to Working Policy Aug: Citizenship for Medicaid Verified Births (Child Care Health Care Expanded Disabled Oct: Food Stamp Unemployment (UIB )Changes and Food Reform Medicaid (HCWD) Nov: Changes in Adoption Assistance eligibility Stamps)
- 8. Understanding the New Face of Poverty Living Wages in Buncombe County $13/hour $17/hour $18/hour $20/hour 1 Adult with 1 Adult with 2 Adults with 2 Adults with 1 child 1 infant or 1 child 2 children preschooler Data From NC Justice Academy
- 9. Understanding the New Face of Poverty Hourly Wage Supplement for Head of Households Food 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