Fact Sheet: Measuring Basic Economic Security
The Basic Economic Security TablesTM Index for Mississippi measures the incomes and assets Mississippi workers and families require to achieve economic security over a lifetime and across generations. The Basic Economic Security Tables uses public data sources to measure the cost of making ends meet, expense by expense, in families’ local communities. The Basic Economic Security Tables points to the impor- tance of career paths that provide higher wages and employment-based benefits and to the importance of savings and assets that promote a family’s short- and long-term economic security. The Mississippi Economic Policy Center (MEPC) and Wider Opportunities for Women (WOW) have partnered to develop this contemporary understanding of the local income needs for over 400 different family types.
