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Reuters: Growing Wealth Gap in U.S. Cities Hurting Economic Mobility: Study

Not only is a widening geographic gulf between the haves and have-nots hurting economic mobility, it signals potentially dimmer prospects for some urban areas in a nation where cities have long been seen as beacons for jobs and opportunity, the study said.

Researchers at New York University and University of California, Berkeley analyzed 96 metropolitan areas across the United States to see how a lack of economic integration within cities affects people's economic fortunes.

The study, commissioned by the nonprofit group The Pew Charitable Trusts, found American cities overall are now less economically mixed than in earlier decades, with increasingly deeper pockets of rich residents isolated from poor ones.

Read the full article at Reuters

Economic Mobility Project

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