25 September, 2017

The large parts of America left behind by today's economy - Axios

The large parts of America left behind by today's economy - Axios:

  • New jobs are clustered in the economy's best-off places, leaving one of every four new jobs for the bottom 60 percent of zip codes.
  • 57% of the national rise in business establishments and 52% of employment growth from 2011-2015 were in prosperous areas.
  • Most of today's distressed communities have seen zero net gains in employment and business establishment since 2000. In fact, more than half have seen net losses on both fronts.
  • Half of adults living in distressed zip codes are attempting to find gainful employment in the modern economy armed with only a high school education at best.
  • The healthier the economy, the healthier the person: People in distressed communities die five years earlier.


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