Suburbs Where Poverty Is Soaring | Bedford Corners Real Estate


white picket fence
Don’t let the white picket fences fool you.
Suburban poverty has grown faster than anywhere else in the country over the last decade, at a rate of 64% since 2000, according to “Confronting Suburban Poverty in America,” a new book by the Brookings Institute. 
For the first time ever, the number of poor people in America’s largest suburbs outnumbers those in cities. It’s a nationwide trend that’s left pretty much no region untouched.
Eighty-five of the nation’s 95 largest metro areas saw a rise in poor households between 2000 and 2011.
As jobs moved into suburbs—particularly lower-paying jobs in sectors like retail and hospitality—poverty did, too,” the authors write. “And job losses triggered by the Great Recession in industries like construction, manufacturing, and retail hit hardest in suburban communities and contributed to rising suburban unemployment and poverty.”


Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Suburbs Where Poverty Is Soaring | Bedford Corners Real Estate

Comments

Popular posts from this blog

Four Regional Banks Discuss Settlement Over Foreclosures | Waccabuc Real Estate

Top 20 real estate websites in June | Mount Kisco Real Estate