Miami-Dade, with 30 billionaires, is one of the most economically unequal countries in the United States, according to a report by the CRF



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County of Miami-Dade, Florida's most populous and with 68% of its Hispanic population, shows a disturbing contrast between the number of resident billionaires and one "level of income inequality similar to that of Colombia or Panama", according to a report released this week.

The study disseminated by the Florida International University (CRF) shows that the prosperity of this region "This is not shared equally": It is the homeland of 30 billionaires, the tenth highest concentration in the world and, at the same time, "one of the most unequal places" economically.

Moreover, in the pyramid of economic incomes, there is a "deep and widespread poverty" and an "Small middle clbad and smaller and smaller" with a large workforce that depends on low-paying jobs, according to the report entitled "Towards a more inclusive region".

The dominant image of its culture and diversity, its subtropical and urban landscape, beaches and first-clbad entertainment contrast with the harsh reality that Miami-Dade has "Second largest gap in the nation between those who have and those who do not have it", only surpbaded by New York.

An inequality, adds the report, which places Miami-Dade on a footing of equality with Panama and Colombia.

It can be said that the Miami metropolitan area is a "history of two cities"because it attracts the richest people in the world and at the same time offers an economy based on the services and tourism sector, which generates a very low salary level and, consequently, one of the largest savings. United States unequal.

The report, prepared for the FIU by urban planner Richard Florida and Steven Pedigo, professor at the University of New York, points out that the state of poverty in Miami totals 14.3% of the population.

In addition, the region shows the "Higher rate of poverty among older people in large metropolitan areas" of the country and "The youth poverty rate is considerably higher than the overall poverty rate."

A poverty index that also has a racial dimension. In comparison with the whites, African Americans are 2.5 times more likely to live in poverty, while Hispanics are almost twice as likely as Anglo-Saxons.

Another very worrying fact is the gradual reduction of the middle clbad. Half a century ago, 65% of Miami's population was in the middle clbad. However, today, this number has been reduced to just over 40%.

This situation is influenced by the fact that the economy of the region is dominated by the performance of low-paying services.

Thus, the report goes on, almost half of the Greater Miami workforce aims to "precarious jobs" in sectors like tourist or retail stores and food stores.

Among the major metropolitan areas, the Greater Miami It posts the second highest rate of workers in the service sector (with 47.8%), just behind Las Vegas (Nevada).

Many of these employees earn a salary of $ 26,532 per yearnearly half of what a highly qualified employee earns ($ 53,275).

The report insists that the "concentration of poverty" is "the most striking and the most devastating" because it forces not only the most vulnerable and unprotected to fight for their daily needs, but "also a corrosive effect on communities. "

In this context of economic inequality, "Neighborhoods with a high concentration of poverty tend to remain chronically poor". In fact, almost 15% of Greater Miami lives in poverty, given the inflation rate and the number of people per household.

The study warns about the position of the Greater Miami is one of the ten poorest regions in the country, only significantly exceeded by the metropolitan area of ​​New Orleans, Memphis and Tucson.

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