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Mike Bird: Educational shift helps drive finance job migration from New York City
The migration of finance jobs away from New York City is not solely a result of political factors. Mike Bird highlights that it has become far easier to find thousands of white-collar staff in many regions across America.
According to Bird, since 2010, the university-educated populations in Miami and Dallas have each increased by more than 60 percent, while Charlotte and Austin have seen their numbers more than double. This educational development may be a key driver in the shifting landscape of finance employment in the U.S.
Bird previously noted that U.S. aircraft manufacturers lagged the broad market during World War Two despite company expansion. In a separate report, he observed that current stock market sentiment evokes historic claims of prices reaching a permanently high plateau. These past observations add context to Bird's coverage of economic and workforce trends.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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