Richard Florida has posted on a new study (PDF) from the Bureau of Labor Statistics that shows where workers work the longest hours and make the most money.
Richard Florida discusses what makes a state’s labor force more or less likely to work longer weeks and get higher pay.
His result: Education seems to play a big role in how long a state’s average resident works, and for what wage.
Since 2007, Americans have suffered through the worst economic conditions since the Great Depression. Florida is among a growing number of researchers who think that these are signs that the United States is becoming a nation of renters, and that the shift could be good for our pocketbooks, the economy and even our happiness.
Why are Americans becoming less nomadic? Greater labor mobility helps the economy, but are there other kinds of effects — negative or positive — related to a more rooted population? Is there an upside to more Americans staying closer to their hometowns?
Florida predicts the current Great Recession, like its predecessor international economic crises, “will accelerate the rise and fall of specific places within the U.S. — and reverse the fortunes of other cities and regions”. This may not bode well for the Capital Region.
Richard Florida, the author of the book “The Rise of the Creative Class,” has written an article in The Atlantic titled “How the Crash Will Reshape America” which makes several points that are particularly relevant to the Greater Rockford region.
WSJ asks Richard Florida and five other experts which 10 cities will emerge as the hottest, hippest destinations for highly mobile, educated workers in their 20s when the U.S. economy gets moving again.
Richard Florida ranks among those best twitter feeds for financial intelligence.
Richard Florida ranked 24 out of 100 best twitter feeds for business students, posting links to economic stories that impact everyone’s lives such as unemployment, personal bankruptcy, and spending.
Richard Florida finds that states with higher unemployment rates do tend to have higher rates of drug use.