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Old Posted Nov 19, 2019, 3:13 PM
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Talent May Be Shifting Away From Superstar Cities

Talent May Be Shifting Away From Superstar Cities


November 18, 2019

By Richard Florida

Read More: https://www.citylab.com/life/2019/11...action/602200/

Quote:
In recent years, America has increasingly been defined by a winner-take-all geography, with coastal superstar cities like New York, Los Angeles, Seattle, and Washington, D.C., garnering a disproportionate share of high-tech startups, corporate headquarters, and innovation and talent. But surging costs and inequality in these places, elements of what I call the New Urban Crisis may be shaping the beginnings of a shift in talent to other parts of the country.

- That’s the upshot of the newly released 2019 Talent Attraction Scorecard from Emsi, a company that analyzes labor-market data. This edition of the scorecard covers America’s 3,000-plus counties, breaking out the data for three types: big counties (with more than 100,000 people), small and medium-size counties (with between 5,000 and 100,000 residents), and very small, micro-counties (with fewer than 5,000 people). The analysis is based on Emsi’s Talent Attraction Index, which is comprised of six key metrics: job growth, skilled job growth, net migration, annual openings for skilled workers (per capita), educational attainment growth (based on adults with associate degrees and above), and a broad measure of regional competitiveness.

- Among big U.S. counties, eight of the top 10 are not superstar places, including Duval County, encompassing Jacksonville, Florida and Denton County, Texas. Duval County is home to distribution centers for Amazon and Wayfair. Most of the leading big counties are part of larger Sunbelt metros where housing is relatively affordable. The report also notes the solid performance of large counties in the West, in states such as Colorado, Idaho, Utah, and Oregon. Some of these counties appear to be benefiting from the movement of talented workers from high-cost cities like San Francisco and Seattle. The same general pattern comes through for smaller and medium-sized counties. Topping this ranking is Cameron County in Louisiana, followed by two counties in Georgia. Three Texas counties appear further down the list.

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