The Guardian reports:
Newark remains one of America’s poorest cities, with one-third of residents below the poverty line. Residents hold only 18% of jobs in the city – far less than in “similarly situated” cities such as Baltimore and New Orleans – and only 10% of jobs that pay more than $40,000 per year, according to a new report by the New Jersey Institute for Social Justice. A 2014 study of six of the city’s anchor firms and universities found only 3% of procurement went to local suppliers. The data shows a city where a real downtown boom has brought, so far, little benefit to the broader population.
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