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Wall Street Journal

“Brain-Hub Cities Attract Jobs”

“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

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