Inner Cities Continue to Hemorrhage Jobs
Monday November 28, 2005 5:01 PM
By STEPHEN OHLEMACHER
Associated Press Writer
WASHINGTON (AP) - Many of America's inner cities continue to hemorrhage jobs despite years of federal programs designed to improve their economies.
Nearly half of the country's 82 largest municipalities lost jobs from 1995 to 2003, according to a new study by the Initiative for a Competitive Inner City. By comparison, only one of the surrounding metropolitan areas lost jobs during the same period.
A separate analysis by The Associated Press found that most inner cities targeted by the federal government's primary urban economic programs lost jobs as well.
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