Many New Yorkers 'asset poor'
Photo credit: iStock | Nearly 36 percent of New York State households don't have enough of a financial cushion to weather unemployment or an emergency that leads to a loss of income, according to a report.
Nearly 36 percent of New York State households don't have enough of a financial cushion to weather unemployment or an emergency that leads to a loss of income, according to a report out Tuesday.
"Growing numbers of Americans have almost no savings or other assets to fall back on if they lose their jobs or face a medical crisis," Andrea Levere, president of the Corporation for Enterprise Development,...
