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Employment

From Coast to Coast, Middle-Class Communities are Shrinking

CLICK HERE - STUDY - Pew Research Center - America’s Shrinking Middle Class: A Close Look at Changes Within Metropolitan Areas

latimes.com - by Don Lee - May 11, 2016

America's shrinking middle class, a growing concern for the economy and a central issue in the presidential race, cuts across virtually all communities from coast to coast, according to a study released Wednesday.

The report by Pew Research Center found that the share of the middle class fell in 203 of the 229 U.S. metropolitan areas examined from 2000 to 2014, including major cities such as New York, Los Angeles and Chicago, which saw a relatively sharp drop in its middle class.

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The Cleveland Model

Overview: The Cleveland Model—How the Evergreen Cooperatives are Building Community Wealth

community-wealth.org

Something important is happening in Cleveland. The Democracy Collaborative, in partnership with the Cleveland Foundation, the Ohio Employee Ownership Center, the City of Cleveland, and the city's major hospitals and universities—is helping to implement a new model of large-scale worker-owned and community-benefiting businesses. The Evergreen Cooperative Initiative is beginning to build serious momentum in one of the cities most dramatically impacted by the nation's decaying economy.

Increasingly, this model is being referred to nationally as The Cleveland Model. Other cities nationwide have begun the process of replicating and adapting this innovative approach to economic development, green job creation, and neighborhood stabilization.

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