Workers without a four-year degree have seen their city earnings drop so much that even without rising rents, it would be enough to price them out of urban areas. A higher minimum wage could help.
Cities are expensive. But it’s not only skyrocketing rents and increasing cost of living that are making them harder and harder places to live for non-wealthy residents. A lack of middle-class jobs for people without a four-year college education is also to blame. Decades ago, someone without a four-year degree could still make a middle-class living in an urban area, but now those jobs have largely disappeared. And the loss has hit Black and Latino workers the hardest.
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