Racial and economic segregation costs the country billions of dollars annually, according to a new study by the Metropolitan Planning Council and the Urban Institute.
Analyzing data from 100 metropolitan cities including Chicago, Philadelphia, Atlanta, Dallas, and New York from 1990 to 2010, the report found that racial segregation affects Blacks the most economically and results in a higher homicide rate among Blacks. While Black-white racial segregation decreased over the years, Latino-white segregation increased. Latino-white segregation also resulted in a lower life expectancy for everyone.
Taking a deep look at Chicago, the study ranks it the fifth most segregated metropolitan city in the country. Greg Acs, Director of the Income and Benefits Policy Center of the Urban Institute and co-author of the study, says the study is crucial for improving the welfare of the city.
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