The percentage of individuals, categorized by their employment status (e.g., employed, unemployed, not in labor force), whose income falls below the poverty threshold.
Reveals the direct link between work and poverty. It highlights the challenges faced by the unemployed or those not in the labor force, but also identifies the "working poor" – those who are employed but still in poverty.
Specific Relevance for Professionals:
Marketers
Helps identify segments in poverty who are actively working (the "working poor") versus those who are unemployed, influencing strategies for essential goods, job training, or public assistance services.
Researchers
Fundamental for studying labor market dynamics, the effectiveness of minimum wage policies, the impact of unemployment on poverty, and the challenges faced by individuals who are employed but remain in economic hardship.
Consultants
Useful for advising clients on workforce development programs, job placement services, or social impact initiatives that target individuals based on their employment status and poverty level.
Public Policy Workers
Critical for informing unemployment benefits policies, job training programs, minimum wage laws, and social welfare initiatives designed to support both the unemployed and the working poor, ensuring policies address specific employment-related poverty challenges.