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Cities Are No Longer Escalators of Opportunity, MIT Study Finds
Black male college grads have suffered the “most disconcerting” losses, concludes economist David Autor.
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“Superstar” cities aren’t all they’re cracked up to be, especially for Black male college graduates, says a new study from Massachusetts Institute of Technology. And Covid-19 could make matters worse.
Cities such as New York, San Francisco, Chicago, and Houston are still good places to work for people in high-paid professions such as banking, but they’re no longer good for people in middle-paying jobs, finds the new study, “The Faltering Escalator of Urban Opportunity” (PDF), by MIT economist David Autor. It was released on July 8 by MIT’s Task Force on the Work of the Future, which Autor co-chairs.