Brief
Low-income families face significant challenges navigating both low-wage employment or education and training programs and also finding good-quality child care. Programs that intentionally combine services for parents and children can help families move toward economic security and create conditions that promote child and family well-being. Although these programs in general are not new (see Background), policymakers and program leaders are now experimenting with innovative approaches to combining services. Yet, most currently operating programs, sometimes called “two-generation” or “dual…
Where and when during childhood and adolescence do people acquire the foundations of financial capability? The Consumer Financial Protection Bureau (CFPB) researched the childhood origins of financial capability and well-being to identify those roots and to find promising practices and strategies to support their development. Our new report, “Building Blocks to Help Youth Achieve Financial Capability: A New Model and Recommendations,” illuminates critical attributes, abilities, and opportunities acquired during the years spanning preschool through young adulthood that support the development…
New economic realities have focused attention on how to best design workforce development strategies to help low-wage and low-skill workers succeed. Lack of child care is one important barrier that can make it difficult for low-income parents to successfully participate in education and training programs. This report provides an overview of the child care and workforce development systems, and discusses the issues that lie at the intersection of these two worlds. It concludes with a description of next steps for policymakers and practitioners in each domain, and important questions that still…
This report discusses the challenges faced by low-income families and highlights the two-generation approach that aims to create opportunities for families by simultaneously equipping parents and kids with the tools they need to thrive while removing the obstacles in their way. The three components of the two-generation strategy are explained and include: provide parents with multiple pathways to get family-supporting jobs and achieve financial stability; ensure access to high-quality early childhood education and enriching elementary school experiences; and equip parents to better support…
