The New York Times has a story about cities trying to attract and keep the vital "creative class." Be sure to read Todd's story about Jackson's "Creative Class Rising" back in our very first issue as well. The Times:
Some cities will do anything they can think of to keep young people from fleeing to a hipper town. In Lansing, Mich., partiers can ease from bar to bar on the new Entertainment Express trolley, part of the state's Cool Cities Initiative. In Portland, Ore., employees at an advertising firm can watch indie rock concerts at lunch and play "bump," an abbreviated form of basketball, every afternoon. And in Memphis, employers pay for recruits to be matched with hip young professionals in a sort of corporate Big Brothers program. A new biosciences research park is under construction — not in the suburbs, but downtown, just blocks from the nightlife of Beale Street.
These measures reflect a hard demographic reality: Baby boomers are retiring and the number of young adults is declining. By 2012, the work force will be losing more than two workers for every one it gains.
Cities have long competed over job growth, struggling to revive their downtowns and improve their image. But the latest population trends have forced them to fight for college-educated 25- to 34-year-olds, a demographic group increasingly viewed as the key to an economic future.
Mobile but not flighty, fresh but technologically savvy, "the young and restless," as demographers call them, are at their most desirable age, particularly because their chances of relocating drop precipitously when they turn 35. Cities that do not attract them now will be hurting in a decade.
"It's a zero-sum game," said William H. Frey, a demographer with the Brookings Institution, noting that one city's gain can only be another's loss. "These are rare and desirable people."
They are people who, demographers say, are likely to choose a location before finding a job. They like downtown living, public transportation and plenty of entertainment options. They view diversity and tolerance as marks of sophistication.
The problem for cities, says Richard Florida, a public policy professor at George Mason University who has written about what he calls "the creative class," is that those cities that already have a significant share of the young and restless are in the best position to attract more.
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