Opportunity@Work is a coalition dedicated to strengthening the financial stability of Nebraskans. The Coalition operates through public/private partnerships
that balance the needs of working families, businesses and communities among diverse populations across the state.
According to the 2007-2008 Assets & Opportunities Scorecard, published
by the Corporation for Enterprise Development (CFED), Nebraska received
a grade of:
D for Business Development,
C for Homeownership, &
B for Financial Security.
2
Nebraska is ranked 43rd in the nation with a rate of 14.4 microenterprises
in the state per 100 people in the labor force.
Source: CFED
3
Nebraska is ranked 44th in the nation with 1.8% of low-income housing
tax credits set aside for preserving affordable housing.
Source: CFED
4
Nebraska is ranked 10th in the nation with the median amount of revolving
debt per borrower at $1,388.00
(Revolving debt is debt from credit cards, private line cards, and lines
of credit)
Source: CFED
5
Nebraska is ranked 1st in the nation with 81.8% of people 16 - 64 years old in the labor force (including the Armed Forces).
Source: 2006 American Community Survey (U.S. Census Bureau)
6
Nebraska is ranked 2nd in the nation with 63.1% of married-couple families with both husband and wife in the labor force.
Source: 2006 American Community Survey (U.S. Census Bureau)
7
Nebraska is ranked 4th in the nation with 71.1% of children under 6
years old with all parents in the labor force.
Source: 2006 American Community
Survey (U.S. Census Bureau)
1
In 2006, a total of $203,821,000 in taxes was returned to Nebraska's
low-wage earners through the Federal Earned Income Tax Credit (EITC) to
spend in their communities, benefiting their local and state economies.
An additional $15,563,409 was returned through the state EITC.
-Kids Count in Nebraska 2007
2
EITC is the single most effective policy that lifts low-income families
out of poverty. It provides them with the means to pay bills and make
affordable new purchases, thereby bolstering local businesses and the
state economy.
3
Nebraska had 45,000 uninsured children in 2006-32,000 of those children
live in families at 200% of poverty or below.
- Parents of uninsured children are seven times more likely to use the
emergency room as a regular source of care.
- Children who are uninsured are at a disadvantage in school because of
the number of days missed due to illness.
- Kids Count in Nebraska 2007
4
Most of the child population will utilize child care at some point.
In 2006, Health and
Human Services subsidized child care for 31,307 unduplicated children,
an increase of 1,069 unduplicated children from 2005. Deficient child care
can create diffculty in the workplace by causing employee stress or absenteeism when employees
must take off work due to child care issues.
- Kids Count in Nebraska 2007
5
Helping working families succeed will have a dramatic impact on the
state's economic health in terms of increasing the number of viable tax
payers, decreasing the amount of tax based funding needed for public assistance
programs such as health care for the uninsured and public welfare.
1
As Nebraska is ranked number one in the country for working parents,
think of the vast improvements in family life if those parents were not
forced to work multiple jobs, but instead could be highly involved in
their children's lives. According to the National Center for Children
in Poverty, nearly 90% of low-income children in Nebraska have at least
one working parent.
2
According to the Economic Policy Institute, the cost of child care in
a two-parent, two-child home can range from $5,280 annually in rural Nebraska
to $9,552 in Omaha or Lincoln. For a family of four living at the poverty
level as defined by the federal government, child care would absorb nearly
half of their annual income. Without affordable child care, parents are
unable to work, causing them to fall back onto full government assistance.
Parents rely on child care to earn the income they need to support their
families.
3
All Nebraskans should share in the economic prosperity of our state,
and we all have a personal responsibility to strengthen our communities.
We just have to ask ourselves, what kind of a neighborhood, community,
city, state, or country do we want to have?