News

Economic opportunity falling, but signs point to broader gains

Economic opportunity falling, but signs point to broader gains

OPPORTUNITY:Graduating student Katherine Thomas has "I Did It" written on her mortar board during Commencement Exercises at Boston College in Boston, Massachusetts May 19. Photo: Reuters/Brian Snyder

By Moriah Costa

WASHINGTON (Reuters) – Economic opportunity has dropped in the United States over the past 40 years, but a broader gauge of opportunity incorporating crime, education and healthcare has been on the rise, according to a study released on Tuesday.

The study released by advocacy group Opportunity Nation and research group Measure of America showed that opportunity increased 13 percent from 1970 to 2010, even as economic opportunity decreased by 22 percent.

“I think that the important thing to recognize is that opportunity is more than just the unemployment rate,” said Mark Edwards, executive director of Opportunity Nation, a bipartisan group that seeks to expand economic mobility.

“Access to education is important, access to healthcare is important. These are all pieces that are critical to opportunity,” he said.

The study measured data from a variety of government sources to determine a measure of success in each state and Washington, D.C., in terms of economics, education and community life. The study took into account a range of factors from access to healthcare to household income and violent crime.

It found that educational opportunity rose by 80 percent and community opportunity increased by 20 percent, more than offsetting the decline in terms of economics.

The slow recovery from the 2007-2009 recession weighed on the measure of economic opportunity, as did a 30 percent increase in income inequality and a 12 percent rise in poverty.

Based on the broad measure, however, almost every state has seen opportunity increase over the past four decades, with the biggest gain in Virginia. Only Nevada and Michigan registered declines.

(Reporting by Moriah Costa; Editing by Leslie Adler and Lisa Shumaker)

Local Headlines

in Local

Service of Remembrance

Fresh
News Hospital1240

The Spencer Hospital will host their annual Service of Remembrance this Monday...

in Local

Pipeline Meetings Set For Next Week

Fresh
pipeline

Energy Transfer Partners wants to build a $3.8 billion 1,100-mile underground pipeline across Iowa and three other states...

in Local

Spencer Stormwater/Sidewalk Levy Discussed

News CitySpencer1240

A 55-cent levy was discussed at Tuesday's meeting of the Committee of the Whole...

in Local

Arnolds Park House Fire

fireback

No injuries were reported following a Thanksgiving Day house fire in Arnolds Park...

in Local

Law Enforcement Reports

lawenforcement1240

A Spencer man wanted on six warrants was taken into custody on Monday...