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Smarts and the City - BurlingtonFreePress.com

Related news from the WebLatest headlines by topic:'); for( i = 0; i ' + topixcats[i].name + ' ' ); // change URL to www.topix.net before going live. 'h1' is a dev server } document.write('Powered by Topix.net'); } //--> By Richard Morin The intelligent move if you're looking for a good job and good prospects for the future -- not to mention good bookstores and restaurants -- is to head for college-grad magnets such as Seattle or Atlanta and avoid cities like Cleveland or Bakersfield, Calif. At least that's one message gleaned from economist Jesse Shapiro's new study of employment growth and quality of life in cities with high and low concentrations of college graduates. Shapiro found that a 10 percent increase in the percentage of college grads living in a metropolitan area produced nearly a 1 percent increase in subsequent job growth. Wages -- and housing prices -- also rose with the percentage of college graduates. That's not the whole story, Shapiro reported in a working paper published recently by the National Bureau of Economic Research. Only about 60 percent of the employment boost from college grads was due to enhanced productivity growth while "roughly one-third of the effect - more available


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