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Census: 'Brain gains' for high-tech cities

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ccharles000 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-28-09 09:36 AM
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Census: 'Brain gains' for high-tech cities
WASHINGTON (AP) -- Many college graduates are passing up industrial centers and former hotspots in the Southwest, which have been hit hard by the recession, in favor of life in urban, high-tech meccas. Their moves are fueling a resurgence of brainiacs in parts of California, North Carolina and Texas.

Census data released Tuesday offer the first detailed look at U.S. migration data, broken down by education and income, since the recession began in late 2007.

The data covering 2006-2008 show that Austin, Texas, Portland, Ore., Charlotte and Raleigh, both in North Carolina, and Seattle saw large jumps in residents with at least a college degree. Each offers the promise of specialized tech jobs and hip lifestyles.

San Francisco, with its burgeoning biotech industry, saw significant increases in residents with advanced-level graduate degrees. Houston, home to NASA and several medical centers, saw gains in more educated residents but also those with only a high-school degree.

In contrast, metropolitan areas with high rates of foreclosures, less tech-based economies or increasing unemployment saw declines or slower rates of growth in residents with a college degree or higher. They included Los Angeles, Atlanta, Orlando, Fla., as well as New Orleans, Detroit and Cleveland.

"During this economic downturn, young, educated professionals are heading for the high-tech 'cool' metros rather than the fast growing upstarts of the mid-decade," said William Frey, a demographer at Brookings Institution, who analyzed the data. "The investment in knowledge industries and young professional amenities in places like Austin, Raleigh and Seattle is now paying off."

http://hosted.ap.org/dynamic/stories/U/US_CENSUS_SMART_...
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