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Arizona again ranked among the worst states when it came to the financial security of residents, according to an annual report by the Corporation for Enterprise Development, which rated states on policies aimed at helping struggling families and on residents’ liquid assets.

Az ranked among worst for residents’ financial security

Jan 31, 2014 ◇ Whitney Ogden/Cronkite News Service

More than 40 percent of Arizona households are on the brink of “financial devastation,” according to a report that again ranked the state among the worst in terms of residents’ financial security. Families hit by the economic downturn are “literally living paycheck to paycheck.” Arizona now has the fifth-highest rate of poverty in the country, with 19 percent living below the poverty line. Read more»