A new report by the U.S. Conference of Mayors highlights the growing income divide, breaking the data down to the local level and finding that income inequality grew in two out of three metro areas between 2005 and 2012.
Niraj Chokshi details the new U.S. Metro Economies Report by the U.S. Conference of Mayors, called "Income and Wage Gaps Across the US." According to Chokshi, the report "explores how the Great Recession affected wages and income in hundreds of metropolitan statistical areas — population and economic hubs typically encompassing a large city or cities."
"Among the key findings is that the jobs gained in the recovery paid an average of 23 percent less than those lost," and, moreover, "[income] inequality appears to have grown in more than 2 in 3 metropolitan areas from 2005 to 2012."
The coverage also includes a pair or map visualizations showing the gap between mean and median incomes in 350 metropolitan areas.
FULL STORY: Income inequality seems to be rising in more than 2 in 3 metro areas
Why the McMansion Isn't Really Back
Joe Cortright criticizes reports linking high median new home sizes to a renewed demand for McMansions. The market for single-family homes, he argues, locks out buyers of modest means. Only the well-off are buying.
Report: Which American Cities Are the Most Unequal
According to Brookings, this research is intended to inform local debates over the minimum wage. Drawing on Census data, the report finds that astronomical income gains are still concentrated among the biggest cities.
Mayors’ Meeting Focuses on Housing Crisis
As the number of unhoused Americans grows, mayors met to learn from each other and assess their needs for federal support.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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