Tag Archives: Detroit
Much of the distress in America’s cities is linked to regional developments, as shown by the unemployment data in this post. Population loss is a particular factor for the Northeast and Midwest (discussed here), while public pension shortfalls may be … Continue reading
In 2011, the four U.S. cities with the highest unemployment rates were: Stockton, California (20.2%) Detroit, Michigan (20.0%) Flint, Michigan (19.0%) San Bernardino, California (17.8%). Today, only one of those cities is still standing. Bankruptcy-free, I mean. Stockton went bust … Continue reading
Detroit’s bankruptcy filing is one depressing read. Poverty, crime, blight – you name the malady and there’s plenty of data to back it up. And unfortunately, Detroit’s not alone. You may be wondering which city hits the wall next.