Pittsburgh’s journey from a symbol of urban decay to a high-tech and health-services center may offer some lessons to the Group of 20 finance ministers meeting there this week. So, too, may its stubborn financial problems.
Pittsburgh survived the implosion of its major industry, steel, and the loss of a generation of workers. Its 7.8 percent unemployment rate, low among big U.S. cities, is almost 2 percentage points less than the national average. Its foreclosure rate is one of the lowest.
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