Join the Chicago Fed on May 24 for the next Fed@YourDesk Webinar, Tools to Help Low-Wage Workers Move Up the Career Ladder, with Brittany Birken, principal adviser on the Community and Economic Development team at the Federal Reserve Bank of Atlanta.
As their incomes rise, some workers become ineligible for certain government funding and benefits, such as tax credits and food assistance. When a modest wage increase leaves a worker financially worse off, the worker experiences what’s known as a “benefits cliff,” which can be a disincentive to advance beyond low-wage jobs. The Atlanta Fed has developed the Career Ladder Identifier and Financial Forecaster (CLIFF), a set of online tools that can help policymakers, employers, service providers, and workers better understand where these barriers might occur along various career pathways.
In this webinar, you will learn about the Atlanta Fed’s tools designed to provide information about how benefits change with income gains, including: