MIT: The Urban Job Escalator Has Stopped Moving
July 09, 2020
July 09, 2020
CAMBRIDGE, Massachusetts, July 9 -- The Massachusetts Institute of Technology issued the following news:
The great U.S. economic boom after World War II was an urban phenomenon. Tens of millions of Americans flocked to cities to work and forge a future in the nation's middle class. And for a few decades, living in the big city paid off.
By 1980, four-year college graduates in the most urban quartile of job markets had incomes 40 percent greater, per household, than coll . . .
The great U.S. economic boom after World War II was an urban phenomenon. Tens of millions of Americans flocked to cities to work and forge a future in the nation's middle class. And for a few decades, living in the big city paid off.
By 1980, four-year college graduates in the most urban quartile of job markets had incomes 40 percent greater, per household, than coll . . .