Posted on 12/09/2019 1:05:11 PM PST by ChicagoConservative27
High-tech sector job growth is overwhelmingly benefiting three California cities, plus Seattle and Boston, while the rest of the U.S. has been left behind in the dust, according to a new study.
The findings published Monday by The Brookings Institution offer yet another a sign that economic disparities continue to negatively impact middle America.
High-tech sector job growth is overwhelmingly benefiting three California cities, plus Seattle and Boston, while the rest of the U.S. has been left behind in the dust, according to a new study.
The findings published Monday by The Brookings Institution offer yet another a sign that economic disparities continue to negatively impact middle America.
(Excerpt) Read more at breitbart.com ...
FTA: “Just five top innovation metro areas — Boston, San Francisco, San Jose, Seattle, and San Diego — accounted for more than 90 percent of the nation’s innovation-sector growth between 2005 and 2017, the study found.”
not so true.
yes, the hightech industry is concentrated in the Palo Alto=San Jose San Francisco Bay Area. That’s where it mostly grew up and that’s where many of the companies are located.
However, many new tech-derived jobs are being created in other parts of the country such as Salt Lake City, Texas, and the Research Triangle area of Carolina, plus Boston metro.
Also, a lot of the high tech companies are either leaving the California base, or expanding away from it as costs and state taxes and regulations there are oppressive.
Finally, a considerable number of jobs are being created on a remote electronic link basis, where you work from your home anywhere in America...or else from a local office.
You couldn’t pay me enough to live in any of those democrat schiffholes.
Yeah sure buck, Brookings Institution and the federal goverment are here to help with this problem/
This would result in a massive TSAing/Homeland Securitying of our biggest growth industry.
Good video about Brexit fear-mongering at the link.
Interestingly, this may spread to Sacramento and Stockton in California and north, south and east of Seattle in Washington as tech companies scramble to find cheaper office and housing space. I hear occasional rumors that the likes of Facebook, Google, etc. are considering office space near the former McClellan and Mather air force bases in Sacramento and land north of Roseville.
They forgot to include Indian cities...
I’ll volunteer to be a Regional Growth Czar and head up one of those regional centers. I will, of course, need a large staff of bureaucrats — precisely reflective of America’s tribal and gender diversity — to pick tomorrow’s winners while I spend most of my time at international innovation conferences. To whom should I direct political contributions to position myself for this gig?
“I’ll volunteer to be a Regional Growth Czar and head up one of those regional centers. I will, of course, need a large staff of bureaucrats — precisely reflective of America’s tribal and gender diversity — to pick tomorrow’s winners while I spend most of my time at international innovation conferences. To whom should I direct political contributions to position myself for this gig?”
You can hire me for advice via questions on Free Republic answered me.
Humperbiden’s prices would about right for me.
Excellent summary and rebuttal!
“Yeah right buddy!
That’s why we have an unemployment rate of 3.5%, right???
More FakeNews from the Far-Left Extremist Brookings institue!
You can hire me for advice via questions on Free Republic answered by me.
There is a gap between job openings and workers.
CA has both job openings and workers.
Atlanta has plenty of job openings but not enough workers. There flat out are not enough workers in the US for the job openings that exist. The GDP is suppressed at least 0.5% by this lack of skilled workers. If the GDP is 3% it could be 3.5%. If 3.5% it could be 4%.
The same is true of unskilled workers. There is a shortage of construction workers in Atlanta, of people who can do cement work and lift a sheet of drywall, and work up a sweat without needing a break every 10 minutes. Construction projects in Atlanta have the money. They have the plans and permits and customers. They don’t have the workers.
Again, the GDP is suppressed 0.5% by the lack of unskilled labor. Due to the lack of both skilled and unskilled labor, the GDP is 1% lower than it would otherwise be.
The common factor across all these cities is their close proximity to top universities and research centers that established key technology businesses starting in the 1990s. Stanford, UCSD, MIT, and University of Washington all established leading edge technology curricula that directly contributed to the rise of the largest high tech corporations of today.
I’d be glad to do so, but I’ll have very important management goals to meet. I think you’ll have to identify as gay, trans, and black or Hispanic. I promise not to check too closely.
3% black and 150+ Cherokee ancestors, as per Ancestor.com.
81 year old Married 58 years, same wife.
Navy Vet, Cuban Missile Crisis and Nam Era vet, never got closer that West side of Panama Canal Zone.
As per your comments:
Hewlett-Packard/Founded
January 1, 1939, Palo Alto, CA
Brookings Institute....the commie left’s wet dream think tank. Solution is always Mor government
Austin, TX is being over run with tech jobs.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.