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)

Recent Headlines

in Local

Extension Sought for Medical Marijuana Program

marijuana

Medical marijuana has gotten off to a slow start in Illinois, so one state lawmaker wants to push back the finish line.

in Local

SEIU Rallies to Find Funding for Child Care Program

state_capitol_1

The program's money is about to run out, part of the current fiscal year's budget problems.

in Local

U of I Asks Court to Dismiss Professor’s Lawsuit

university illinois

University lawyers say Steven Salaita had no "binding contract''.

in Local

U.S. Court Declines to Decide Illinois Benefits Issue

gavel2

A federal appeals court in Chicago has declined to resolve a contentious issue over whether Illinois' constitution strictly bars the reduction of retiree benefits.

in Local

Deere & Co. Prepares for Largest Revenue Drop Ever

john-deere-logo

Sales are forecast to fall 17 percent this fiscal year from 2014.