Brain-Hub Cities Attract Jobs”

The Wall Street Journal; November 29, 2011

The emer­gence of well-educated “Brain Hubs” over the past few decades have widened their advan­tage over much of the rest of the coun­try, leav­ing them bet­ter off through the reces­sion and primed for future growth.  That suc­cess high­lights a grow­ing divide that has strat­i­fied the U.S. land­scape and econ­omy: A select num­ber of high-flying places are hoard­ing a grow­ing share of the nation’s most valu­able work­ers, best-paying jobs and attract­ing a lop­sided share of new invest­ment and young com­pa­nies…  Such a vast edu­ca­tional divide wasn’t such a big deal in past decades, when there were plen­ti­ful middle-skill jobs — in fac­to­ries, for instance — that paid a mid-tier wage. But over the past few decades the job mar­ket has evolved so that there are fewer mid-tier jobs — with a greater con­cen­tra­tion at the two extremes, accord­ing to research by econ­o­mists includ­ing David Autor at the Massachusetts Institute of Technology.”

 

By Conor Dougherty