The economics and geography of the workforce

10/9/2012 | CNN

Cities and regions dominated by innovation-driven economies, such as the San Francisco area's high-tech industry, are characterized by people with more education and higher salaries, writes Enrico Moretti, a professor of economics at the University of California, Berkeley and author of "The New Geography of Jobs." Conversely, cities that once thrived, such as Rust Belt manufacturing areas, are now suffer economically. "Despite all the hype about exploding connectivity and the death of distance, economic research shows our salary, productivity and creativity increasingly depends on the place where we live," Moretti writes.

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