Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
As the nation's economy was still reeling from the body blow of the Great Recession, Seattle's was about to take off. In 2010, Amazon opened a headquarters in the little-known South Lake Union district – and then expanded eight-fold over the next seven years to fill 36 buildings. Seattle is among a fistful of cities that have flourished in the 10 years since the Great Recession officially began in December 2007, even while most other large cities – and sizable swaths of rural America – have managed only modest recoveries.In the decade since the recession began, the nation as a whole has staged a heartening comeback: The unemployment rate is at a 17-year low of 4.1 percent, down from 10 percent in 2009 . Among the nation's 100 largest metro areas, San Francisco experienced the biggest gain in median household income in the decade since the recession began.The divergence between the richest and poorest U.S. cities predates the Great Recession.About 61 percent of blue state residents have jobs, compared with roughly 59 percent in red states, Brooks found.
FOLLOW THIS ARTICLE