Study: Economic Opportunity Better in Northeast, Worse in South

Residents of New York, New Jersey and Maryland are among the most likely to climb the ladder

May 9, 2012 RSS Feed Print

"Past research studying trends in mobility suggests that there haven't been recessionary effects [on mobility] in the past 40 to 50 years," said Elliott. "This is not to say that individuals don't experience income increases/drops over the short-term, but the long-term economic mobility of an entire state is likely to be relatively stable through a recessionary period."