Poverty declines - but why?

L.A. and other large Socal cities saw a drop in both central-city and suburban poverty rates over the period between 1999 and 2005. Good news, right? Well, not if the reason has more to do with poor families just leaving town. A report by the Brookings Institute shows that the strength of higher-wage construction and professional service jobs, along with out-migration of low-income families, explains the decrease in poverty. Within Socal, the L.A.-Long Beach-Santa Ana MSA had the largest decline - from 16.2 percent in 1999 to 14.5 percent in 2005. Report is courtesy of the L.A. County Economic Development Corp.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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