US sees uneven recovery after financial crisis - report

The United States (US) sees uneven geographic distribution during its post-crisis recovery, a report released by Economic Innovation Group (EIG) showed on Monday.

کد خبر: ۸۴۳۲۸۸

تاریخ: ۲۴ مهر ۱۳۹۷ - ۰۸:۴۳

Xinhua news agency reported that according to the report, places in the US with different zip codes were sorted into quintiles based on their performance on EIG's Distressed Communities Index (DCI).

More than 25,800 zip code areas were labelled with "prosperous", "comfortable", "mid-tier", "at risk", or "distressed."

The report showed that "prosperous" zip code areas had gained 3.6 million jobs from 2007 to 2016, which was more than the bottom 80 per cent of zip code areas combined, said the report.

EIG also said that "prosperous" zip code areas had recovered their lost jobs in less than five years. However, "at risk" zip code areas took a full decade to meet the same standard and "distressed" ones are unlikely to recover on current trend lines.

The report said that "prosperous" zip code areas added more than 180,000 businesses from 2012 to 2016. "Comfortable", "mid-tier", and "at risk" zip code areas added 150,500 together, while "distressed" zip code areas lost 13,300 businesses during the same period.