Watch This: Study ranks Oklahoma near the bottom for family financial security

Despite an improving national economy and a low statewide average unemployment rate, nearly half (49.1 percent) of Oklahoma households are in a persistent state of financial insecurity, according to a recent report by the Corporation for Enterprise Development (CFED).  We blogged about the report here, noting that the percentage of households with little or no savings to cover emergencies or to invest in building a better life has jumped markedly from last year’s 43.8 percent level.

In this segment of the Oklahoma News Report, OETA examines the causes and consequences of state residents’ growing financial insecurity.