Benefits Cliffs occur when slight increases in earnings disqualify low-wage workers from public assistance programs, hampering their financial independence and career advancement.
Our Community Development team provides information and tools to help Fifth District policymakers and organizations improve workers' long-term financial outlook.
Our summer intern Neeraja Deshpande provided an overview of benefits cliffs and why the Richmond Fed is focusing on this timely issue.
The Richmond Fed Community Development team is expanding awareness about a digital resource that could help improve the long-term earnings of many workers across the Fifth District.
The Richmond Fed’s Community Development team is raising awareness about opportunities to help low-wage workers overcome setbacks as they earn more income.
President Tom Barkin discusses how we can connect more women with employment.
President Tom Barkin talks about who is on the sidelines of the labor market, what’s keeping them there, and how we can remove barriers in their way.
A free, online course that helps students decide what path to pursue after high school.
Grade Level: High School
These organizations have signed Memorandums of Understanding with the Richmond Fed to access the CLIFF Dashboard and to use this tool to help their citizens and clients determine how best to achieve and sustain financial well-being.
The Virginia Goodwill Network ( VGN) is a consortium of five regional Goodwill organizations that provide collaborative workforce development programs and services to tens of thousands of Virginians each year.
This includes:
