WalletHub, which compiles economic and demographic statistics on American cities, finds that California cities, including San Diego, have recovered from the Great Recession more slowly than other American cities.
The company looks at a number of metrics: post-recession unemployment rate, inflow of college-educated workers, ratio of full-time to part-time jobs, median household income, median home price, foreclosure rate, poverty rate, growth in number of businesses, general economic growth, and bankruptcy rate, among others.
Of 150 cities, in last place are two California cities that took the bankruptcy route: Stockton, 149th and San Bernardino 150th. Riverside is 140th. San Diego is 103rd, Santa Ana 93rd, and Los Angeles 99th. Chula Vista, probably bolstered by housing growth, is 58th.
WalletHub, which compiles economic and demographic statistics on American cities, finds that California cities, including San Diego, have recovered from the Great Recession more slowly than other American cities.
The company looks at a number of metrics: post-recession unemployment rate, inflow of college-educated workers, ratio of full-time to part-time jobs, median household income, median home price, foreclosure rate, poverty rate, growth in number of businesses, general economic growth, and bankruptcy rate, among others.
Of 150 cities, in last place are two California cities that took the bankruptcy route: Stockton, 149th and San Bernardino 150th. Riverside is 140th. San Diego is 103rd, Santa Ana 93rd, and Los Angeles 99th. Chula Vista, probably bolstered by housing growth, is 58th.
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