Bill and Louise are a married couple with two young children. Louise works as a daycare attendant, and Bill works as a mechanic at a garage. Last year, Bill was laid off for six months. During that time, the family had to cut back on many expenses. This family experienced:

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Transitional poverty is defined as a temporary period of difficulty due to a change in circumstances such as unemployment, illness, or divorce. The fact that Bill was laid off and the family had to cut back on expenses suggests that they were experiencing a temporary period of financial hardship. Marginal poverty occurs when a family's income falls just below the poverty line, absolute poverty occurs when a family lacks the resources needed for basic survival, and unemployment poverty refers specifically to poverty caused by unemployment. None of these categories adequately describe the situation of Bill and Louise's family.

Bill and Louise Are a Married Couple with Two Young