A new report by the Brookings Institution shows that unemployment in America's cities is being exacerbated by a lack of higher-educated workers.
Nate Berg describes a new report by the Brookings Institution that looks at the role that educational attainment and job requirements play in unemployment. "There are job openings in the U.S. But the people living near those jobs don't have the relevant education or training to get them...," says Berg. "The report...finds that the overall unemployment picture in metro areas gets a lot worse when the workforce's educational background doesn't match up with the requirements of employers."
For example, in Madison, Wisconsin, where the education gap is actually negative (more college graduates than jobs available), the city has an unemployment rate below 6%. Cities with a large education mismatch will continue to have persistent unemployment issues thinks Berg. "[T]his gap between educational attainment and the educational requirements of jobs explains most of the long-term unemployment issues in metropolitan areas," states Berg. "Addressing persistent unemployment will require addressing the imbalance between workers and jobs."
FULL STORY: Education and Job Requirements: The Great Mismatch
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
New Park Opens in the Santa Clarita Valley
The City of Santa Clarita just celebrated the grand opening of its 38th park, the 10.5-acre Skyline Ranch Park.
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