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:
  • Structural racism and economic systems
  • Individual behavior
  • Mental health
  • Trauma
  • Family culture
  • Neighborhood characteristics
  • Access to quality jobs
  • Educational opportunities
  • Government policies

 

Click on the bullet points below for more information.