We’re not 50th out of 50 anymore.
Charlotte moved up a dozen spots to No. 38 among U.S. cities for upward mobility in a update, shared exclusively with Axios, to a national ranking that stunned and galvanized the city a decade ago.
Why it matters: Children born in Charlotte have increasing opportunities and a greater chance to rise out of poverty today than they did in previous generations, the research suggests.
Driving the news: Economist Raj Chetty and his Harvard research group Opportunity Insights will release the complete study on Thursday, local nonprofit Leading on Opportunity tells Axios.
For details, visit here: https://www.axios.com/local/charlotte/2024/07/25/charlotte-economic-mobility-ranking-chetty