Economy
Flint Unemployment at 4.6%, Better Than National Average
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The dying city of Flint, Mich., has a 4.6% unemployment, which is rate below the national rate of 4.9%. The data mask the crippled housing market and poverty rate, and the underlying pay level of the city’s residents. Poison water is one among a number of deep-seated problems in Flint.
Flint’s unemployment rate, according to the Bureau of Labor Statistics, is the same as that of Houston and better than San Diego’s 4.7% rate. However, in Flint 41.6% of the people live below the poverty line, against a national rate of 14.5%. The median household income in Flint is $24,679, against a national average of $51,939.
Flint’s largest employers, beyond relatively small facilities left from the car industry, are government and medical centers, each of which has a presence in all cities. But the chance to move from these low-paying jobs to higher-paying ones is the lack of significant large, private enterprises.
Flint shares one of the troubles of a number of the old cities in the Rust Belt. It has lost a huge amount of its population since the auto industry boom period of the 1960s. According the Census Bureau, Flint had a population of 196,940 in 1960, which stayed flat for a decade and then fell to 99,002 in 2014. The remaining population lives in a city where crime is rampant. Homicides jumped 71% last year to 48, an extraordinary count for a city so small.
Flint may have a relatively low unemployment rate, but based on almost every other statistic, the city is doomed.
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