Study also finds that the saleries for jobs located in inner cities are virtually the same as for the surrounding metropolitan areas.
"The vast majority of jobs in America's economically distressed inner cities -- 77 percent -- are not held by inner city residents, but rather by commuters from surrounding areas, according to the latest installment of an ongoing study released today by the Initiative for a Competitive Inner City (ICIC).
The "State of the Inner City Economies" is the first national look at the economic performance and potential of inner cities as economies. The study also found that the average annual salary for jobs located in inner cities is $38,000, virtually the same as an average of $39,000 for the surrounding metropolitan areas."
Thanks to Eugene J. Patron