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In the mid-20th century, the “working class” — workers engaged in manufacturing, construction, transportation and maintenance — comprised half the nation’s workforce. Today, the number is down to one fifth. Of the country’s Metropolitan Statistical Areas, Elkhard-Goshen, Indiana, has the highest percentage working-class population, 46.0%. The highest in Virginia is Harrisonburg, ranked 17th in the country, with 32.5%.
Source: Richard Florida, Atlantic Cities blog.
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Smart Growth America
Boomergeddon is the day investors stop buying U.S. Treasuries — the day the U.S. government goes into default, the global economy is thrown into turmoil, the American empire begins to crumble, and the social safety net starts to unravel. Buy the book here.
Since the mid-1800s, Appalachian coal has been a regional curse and a blessing. It has generated great wealth reflected today in philanthropy boosting universities and hospitals. It has also been a curse, locking coalfield people in a perpetual cycle of poverty, ruining mountain environments and killing miners. This book explores Massey Energy, formerly based in Richmond, in its notorious recent history that has involved a renegade chief executive, big political money and this country’s worst deep mining disaster in 40 years.
Gee, to give this post some real kick why not list how many “working class” jobs were lost thanks to Bill Clinton’s NAFTA and Mitt Romney’s Bain Capital?