"Cities that had relatively skilled populations in 1980 have become more skilled and more productive, and have generally featured fast-rising wages and housing costs. Places that were relatively less skilled, by contrast, have stayed that way and have mostly experienced a growing wage and productivity gap with the high flyers."
Showing posts with label income inequality. Show all posts
Showing posts with label income inequality. Show all posts
Wednesday, January 30, 2013
Tell Us Something We Don't Already Know
Ryan Avent of The Economist writes:
Sunday, January 15, 2012
The 1 % in Flint
What's it take to be part of the 1 percent in Flint? According to this interactive income map of the United States, your household income would have to be at least $178,656. That amount would only place you in the top 8 percent in Los Angeles or the top 18 percent in the San Francisco Bay Area.
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