According to the business website 24/7 Wall Street, unemployed workers are moving to big cities. Some of the cities in the South and Southwest that have attracted new residents, such as Tampa and Las Vegas, have endured high unemployment. Denver and Houston are drawing people because their unemployment rates are below the national average. This article follows a trend that Fortune editor Leigh Gallagher has described in her book, The End of the Suburbs. People are voting for life that has more options and is less dependent on the automobile. According to Gallagher, young professionals, those who are most challenged in the current job market, do not want to live in suburbs. This trend will impact how people work as well as how they live. Cities are back, and that’s a good thing for our economy and culture.
Posted: January 30, 2014