The National Association of Counties (NACo) recently released a report detailing how American counties are uniquely positioned to improve economic mobility for residents. While the report identifies seven key areas that counties can focus on, it notes “county authority generally lends the most breadth in supporting financial security” because counties “can promote and educate residents on saving for emergencies or retirement, facilitate programs to promote homeownership, or enact workforce development programs to increase earning potential.” Such programs can help people bolster their personal resources and have a positive impact in terms of relative economic mobility, which measures how individuals rank in terms of income distribution over their lifetime, relative to their peers and parents. Read more >
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