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Will talent attraction and retention improve metropolitan labor markets?
Since the early 1990s, metropolitan entities and local governments have targeted incentives, policies, and investments with the goal of highly educated and skilled workers to locate in their communities. These efforts focus on attracting workers who hold a bachelor?s degree or higher and have had a profound effect on the form and management of metropolitan areas, but there is not clear evidence that growth in bachelor?s or higher degree attainment improves metropolitan labor market outcomes. I use an outcomes-based cluster-discriminant analysis to test whether or not metropolitan areas with ...
Leading, lagging, and left behind: identifying metropolitan leaders and labor market outcomes
From 1990 to 2010, the United States underwent significant changes in the makeup of the population and its educational attainment. During the period, bachelor's degree or higher attainment proportions rose significantly?7.9 percentage points?from 20.3 percent in 1990 to 28.2 percent in 2010. This growth happened unevenly, though. Of 283 metropolitan areas, only 78 were above the 7.9 percentage point increase, suggesting much more concentrated growth than would be expected if growth were experienced evenly. This paper documents the concentration of growth and examines four labor market ...