CityLab demographics guru Richard Florida explores the findings of two new studies published in Economic Development Quarterly that take a close look at the extent of employment growth in the inner city, and the business clusters that are driving it.
Florida focuses on take-aways that suggest that finds substantial evidence of an inner-city rebound, contrary to the conclusions of analysts who look at population migration patterns, which suggest downtown urban areas are losing ground. Florida writes:
Inner cities gained over 1.8 million new jobs from 2002-2011—a growth rate of 6.1 percent, just slightly less than the suburban rate of 6.9 percent. Employment growth in the inner city also surpassed that of the suburbs (3.6 percent vs. 3 percent) during the years 2009-2011, after the economic crisis.