The Social And Cultural Environment Of Baltimore

1719 WordsDec 12, 20167 Pages
The chart shows how Baltimore economy compares to the United States, needless to say Baltimore is struggling. Unemployment rate is higher than the rest of the United States, and job growth isn’t helping to improve Baltimore’s employment rate. To dig deeper into Baltimore’s economy, the unemployment rate for black men in Baltimore is really low. It is shown that between the ages of 20 and 24 it was 37 percent in 2013, as to being 10 percent for white men in the same category. It also doesn’t help that as the age groups increase that just 59 percent of black men between the ages of 25 and 54 are working, compared with 79 percent of white men (Casselman). • The social and cultural environment in Baltimore is unique. Baltimore has a very distinctive history and each neighborhood has its own character and vibe. From East to West Baltimore, From Downtown to County lines, each neighborhood has its own diners or restaurants, shops and social centers. • Technological environment in Baltimore is advancing. Some consider it Baltimore to be an innovative culture. The NSA (National Security Agency) recently appointed some companies to help with federal cybersecurity, such as Lockheed Martin, Verizon, and Baltimore’s own Maddrix company. Also the newly formed Parking Panda, which is one of Baltimore’s hottest startups that has raised 4.7 million in capital from its online parking marketplace that enables parking spot owners to rent their open spots. Baltimore also hosts its own
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