Journal Article

Trends in metropolitan employment growth

Abstract: In the early part of this century, both employment and population tended to concentrate in large metropolitan areas such as New York. Over the past 40 years, however, jobs and people have spread out as both firms and workers have sought the lower costs of smaller, less congested places. In fact, Jerry Carlino argues that \\"congestion costs\\"--traffic, pollution, and a higher cost of living--are a major factor in the relatively slower growth of large metropolitan areas in the second half of the century.

Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Business Review

Publication Date: 1998

Issue: Jul

Pages: 13-22