The New Geography of Jobs by Enrico Moretti

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Synopsis

"A persuasive look at why some U.S. cities have prospered in recent decades while others have declined."—Bloomberg Businessweek


We’re used to thinking of the United States in opposing terms: red versus blue, haves versus have-nots. But today there are three Americas. At one extreme are the brain hubs—cities like San Francisco, Boston, and Durham—with workers who are among the most productive, creative, and best paid on the planet. At the other extreme are former manufacturing capitals, which are rapidly losing jobs and residents. The rest of America could go either way. For the past thirty years, the three Americas have been growing apart at an accelerating rate. This divergence is one the most important developments in the history of the United States and is reshaping the very fabric of our society, affecting all aspects of our lives, from health and education to family stability and political engagement. But the winners and losers aren’t necessarily who you’d expect.

Enrico Moretti’s groundbreaking research shows that you don’t have to be a scientist or an engineer to thrive in one of the brain hubs. Carpenters, taxi-drivers, teachers, nurses, and other local service jobs are created at a ratio of five-to-one in the brain hubs, raising salaries and standard of living for all. Dealing with this split—supporting growth in the hubs while arresting the decline elsewhere—is the challenge of the century, and The New Geography of Jobs lights the way.


"Moretti has written a clear and insightful account of the economic forces that are shaping America and its regions, and he rightly celebrates human capital and innovation as the fundamental sources of economic development."—Jonathan Rothwell, The Brookings Institution
 

About Enrico Moretti

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Enrico Moretti is a professor of economics at the University of California, Berkeley, whose research has been supported by the National Science Foundation, the National Institutes of Health and has been featured in the New York Times, the Wall Street Journal, and Slate, among other publications.
 
Published May 22, 2012 by Mariner Books. 304 pages
Genres: Business & Economics, Education & Reference. Non-fiction

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Moretti studies the relationship among geographic concentration, innovation and workplace education levels to identify the direct and indirect benefits.

Apr 04 2012 | Read Full Review of The New Geography of Jobs

City Book Review

Empirically, it is shown that in both good and bad years college graduates with the highest mobility have the lowest unemployment rate while high school dropouts have a very high unemployment rate.

Sep 05 2012 | Read Full Review of The New Geography of Jobs

Forbes

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instead we must consider the 53,000 jobs created for Facebook apps, not to mention “at least 130,000 more jobs in related business services.” Looking at Apple, it employs 12,000 in Cupertino, but Moretti finds that there are at least 60,000 jobs related to Apple.

Jul 22 2012 | Read Full Review of The New Geography of Jobs

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