@abc7ny: A new report from the United Way of New York City is shining a light on how hard it is to make ends meet. The report released Tuesday, titled "The True cost of Living," shows half of all families in New York City lack enough income to survive without assistance from the government, family or community. Child care costs have become problematic for middle class New Yorkers. One mother says she pays almost $2,700 a month for day care - which can be staggering when factoring in rent and all the rest. According to the report, costs have increased 131% while median earnings have increased 71%. And 36% of households lacked enough income for basic needs in 2021. The latest findings show 50% of working-age New Yorkers are struggling to cover costs. And roughly 3 million New Yorkers struggle to afford healthy food. Policy recommendations put forth on Tuesday include: -Support the JustPay campaign to increase wages for human service workers. -Support the Community Land Act to enhance housing affordability. -Improve public housing and child care subsidy programs. #nyc #costofliving #news

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Tuesday 19 March 2024 18:29:28 GMT