NEW YORKERS HAVE THE BEST CHANCE OF MOVING UP THE EARNINGS LADDER

Posted by Leonard Steinberg on May 10th, 2012

A few days after the Occupy Wall Streeters protested economic inequality in May Day rallies across the U.S.A, a study has concluded that the ability to become rich may depend on where you live….and New York is at the top of that list!
Residents of three East Coast states — Maryland, New Jersey and New York — were the most likely to move up the earnings ladder from the bottom and the least likely to fall from the top, according to a study released by Pew Charitable Trusts, a nonpartisan research organization based in Washington. Louisiana, Oklahoma and South Carolina had the worst prospects for so-called economic mobility.