US city turns tough times into 'co-ops'

Hard-hit California city uses community economic model to battle double-digit unemployment.

    In Richmond, a city in the US state of California with 17 per cent unemployment, many jobless are turning to community co-operative ventures, or "co-ops", to create new economic opportunities.

    By pooling their talents and resources, residents in one of America's most dangerous cities, are hoping to lure new businesses and opportunities.
     
    Al Jazeera's Rob Reynolds reports from Richmond, California

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Why Jerusalem is not the capital of Israel

    Why Jerusalem is not the capital of Israel

    No country in the world recognises Jerusalem as Israel's capital.

    Strong quotes for Martin Luther King Jr Day

    Quotes from Martin Luther King Jr that resonate today

    Quotes of justice, education, religion and race said by MLK Jr.

    Africa is not poor, we are stealing its wealth

    Africa is not poor, we are stealing its wealth

    It's time to change the way we talk and think about Africa.