What is family economic mobility?
Family economic mobility is improvement in a family’s economic well-being. Family economic well-being describes the extent to which a family:
- Feels in control of their economic situation or has economic stability.
- Has hope for the future.
- Has knowledge of and access to the resources and opportunities they need to promote healthy child development and make the best decisions for themselves.
Economic well-being is defined and experienced by each family individually. Common conditions that support economic well-being include:
- Access to clothing and nutritious food
- Safe and stable housing
- Health care
- Quality education
- Good jobs
- Reliable caregivers
- Supportive connections
- Savings emergency funds
- Mental health resources
A family’s economic well-being is influenced by multiple complex factors, including but not limited to:
- Individual behavior
- Mental health
- Trauma
- Family culture
- Neighborhood characteristics
- Access to quality jobs
- Educational opportunities
- Government policies
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