Chicago Is Shunned By Young & Educated

One of the most fascinating products of the most recent census is the the special report published this month by US Census Bureau. In Migration Of The Young, Single & College Educated (pdf) we learn that Chicago is the eighth most popular major metro for young, well-educated singles to move to. The Bay Area, L.A. and Atanta are the top three metros, followed closely by D.C. and New York respectively. Although New Yorkers are up in arms about the fact that they are not the "first city" for the "hipster" set, they do have the dubious distinction of being the city with the greatest number of singles in the United States.
So what does all of this mean exactly? Why should we care? Well considering that the recent data not only is in sync with Richard Florida's perceptions of Chicago in The Rise Of The Creative Class but also tracks with the Forbes' Best Places List ranking of job growth in American cities, one has to wonder what the future holds for what is arguably the economic "jewel" of the midwest. Neither Silicon Prarie nor Boeing were the magic solution for Chicago. With the educated elite shunning Chicago for sunnier pastures, what is in store for the Second City's economy in the decades ahead?
(Posted originally by BuzzSponge)

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