http://money.cnn.com/2013/04/18/news/economy/suburbs-jobs/index.html?iid=SF_E_River
According to the article, suburbs now have twice the share of jobs as city centers. According to a report released Thursday from the Brookings Institution, jobs in the outer suburbs grew from 40.9% in 2000 to 43.1% in 2010 as jobs within 3 miles of a city center fell from 24.5% to 22.9% in the same time period. This is not entirely a good thing because for poorer people without access to a car, it can make it harder to physically get to a job. For those with a car, it can lead to longer commute times and more money spent on gas. It's also more expensive for taxpayers. Infrastructure costs can be 40% higher in low-density areas than higher ones, she said. Innovation can also be crimped, as fewer people from similar industries get to interact with one another.
1 comment:
It is interesting to know that jobs are moving to the suburbs. When cities get saturated, and so firms need the space to operate on a bigger level they move to suburbs helping create more employment opportunities.
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