Divide in job growth widening between urban and rural areas
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Started by carlberky - July 13, 2019, 8:02 a.m.

http://www.msn.com/en-us/money/markets/national-divide-in-job-growth-widening-between-urban-and-rural-areas-study-says/ar-AAEfx7i?ocid=iehp

The nation's biggest cities are on pace to become significantly larger, richer and more powerful in the coming decade, while the rest of the nation, particularly already depressed rural regions, are in danger of losing more jobs, many to automation.

the nation's 25 most prosperous cities ... are expected to see the most job growth in coming years. These cities include New York, San Francisco, Denver, Dallas, Seattle and Houston.

People are moving less for a variety of factors: "The population is older, people are taking care of aging parents. For a while, mortgages were under water."

When people do move, those in low-growth areas tend to relocate to other low-growth areas, meaning there was no upward movement when it came to job opportunities, Lund said.

Among the fields Kolko points to as the most likely to grow and remain in demand in coming years, in communities both big and small are health care and technology.

"Health care is needed wherever people live, especially where older people live," Kolko said. "Jobs in technology also are likely to see strong job growth, not just software developers creating new software applications but also jobs for people who are users of those applications."

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