Friday, October 18, 2019
Critical analysis Journal opinion article Essay Example | Topics and Well Written Essays - 500 words
Critical analysis Journal opinion article - Essay Example The economies will be fully employed, allowing them to attain their potential in offering jobs and raise the income of their inhabitants. These will play a key role in helping generate high growth levels in cities, contributing to overall advancement of the entire economy (Sparshott). The latest outlooks evident in the case of American cities are optimistic, although some urban areas as well as their suburbs have populations representing about 86 percent of the regionsââ¬â¢ population, while 88 percent are employed in nonfarm sectors. Even though more than half of the cities have attained record levels of employment, about one-third are anticipated to fail reaching this level when 2016 ends. Moreover, approximately 130 metropolitan areas are anticipated to penetrate the market in 2017, although they will be supporting few jobs unlike the case of the past decades. The areas that are recovering at the slowest rates are the older Midwestern regions, which were negatively influenced when the region lost a large number of jobs offered by the manufacturing sector. The deteriorating infrastructure and aging population will also play a role in preventing these areas from recovering, making them rank behind the top-advancing cities in the U.S. (Sparshott). In a different perspective, the boom witnessed in the oil sector, which played a key role in allowing certain cities in the U.S. boost their performance, is currently reversing progress. For instance, Midland, Texas portrayed fastest growth in 2014, but this is not the case presently. However, in 2015, the employment and economy of the metropolitan are anticipated to slow down and contract at the start of 2016. Overall, however, the cities in the U.S. are playing a key role in driving the growth of the economy, thus paving the way towards the recovery process. Moreover, even though some
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