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Economic Insecurity

Economic insecurity is defined as any individual living with an income below 200% of the federal poverty line. In 2021, this would be $25,760 for an individual, $34,840 for a two-person households, and $43,920 for three-person households.
Perceived economic insecurity is more detrimental to mental health than actual, realized risk. 106 million Americans live in economic insecurity (family income less than 200% of federal poverty line). Financial insecurity undermines perceptions of 'existential meaning' in life. Fear of unemployment is the most damaging form of economic insecurity, particularly for males. Expected economic insecurity within the next year reduces mental health by 0.18 of a standard deviation from the mean Even the currently employed, especially men in full-time positions, experience economic insecurity as a significant negative factor on mental health
Economic Insecurity: A Socioeconomic Determinant of Mental Health The existential cost of economic insecurity: Threatened financial security undercuts meaning 100 Million & Counting: A Portrait of Economic Insecurity In the U.S.
Keith A. Bender Catia Montagna Daniel Kopasker Andrew Abeyta Cathy Cox Michael Kersten Clay Routledge Abbie Langston
Basic Income
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