Wednesday, October 6, 2010

More Transit = More Jobs

by: Transportation Equity Network   

What would happen if 20 metropolitan areas shifted 50 percent of their highway funds to transit? They would generate 1,123,674 new transit jobs over a five-year period — for a net gain of 180,150 jobs over five years — without a single dollar of new spending.

That's the finding of the Transportation Equity Network's new study, More Transit = More Jobs.

First, it's important to look at how much cities currently spend on public transit. As a percentage of total transit spending, the top five cities are:
1. New York, NY
2. Honolulu, HI
3. Portland, OR
4. Philadelphia, PA
5. Kalamazoo, MI

The five cities that spend the least on public transit are:
1. Minneapolis, MN
2. Boston, MA
3. Atlanta, GA
4. Denver, CO
5. St. Louis, MO

http://www.smartgrowth.org/library/article.asp?resource=4764&res=1280

Article courtesy of smart Growth Online