Workers are leaving their suburban jobs for the fast life.
Metropolitan jobs are in high demand and many different professions are catching on to the convenience it provides.
According to The Seattle Times, a report by the City Observatory says more Americans are moving their labor to the inner city or better referred to as the city center—locations that are within the 3-mile radius around the central business district.
Suburban employment is steadily declining in many locations around the U.S. while downtown areas are picking up pace.
Orlando, Fla., Charlotte, NC, and Los Angeles, Calif. are just a few areas that are seeing a rise in urban employment and a decline in suburban jobs. For years, places like New York City illustrated just how abundant jobs can be when placed in a compact location.
Working in an urban setting can be hectic, but it can also be the perfect environment for those who enjoy the constant hustle and bustle.
An increase in new urban jobs all boils down to one universal concept: employment flexibility.
However, as more and more workers relocate to the city life, this may cause more harm than good for jobs located on the outskirts of the metropolitan area.
The Rise of Urban Employment
Since the 1950s, living in the suburbs and commuting to work in the city center has been an ideal preference for most workingmen and women.
Suburban employment continued to hold on even into the mid-90s. Overall, 16 percent of employment was located in the city.
Before 2007, employment outside the city outnumbered jobs located in the city. Within that same year up until 2011, jobs started to flourish particularly in various city centers.
Economists now predict that a constant demand for high-skilled jobs will maintain this growing trend.
Image: City Observatory
Does Working in the City Benefit You?
Jobs related to technology and finance have been the reason behind the surge of employment in city centers. Companies offering high-paying jobs tend to center their service in an urban environment.
Many young high-skilled corporate workers prefer living and working in an area where shopping centers, parks, and transportation is easily accessible. Additionally, networking with other like-minded business people is made easier in the city.
The inner city, however, plays a major role in the success of the city as a whole.
"If the urban core is economically weak or fiscally troubled, that creates a burden for a whole metropolitan area," said expert Joe of City Observatory.
Working in a high-density area improves the employment growth for both high and low-income businesses.
According to University of California Economist Enrico Moretti, at least five general labor jobs are created in a city following the hiring of a college graduate in a high-skilled industry.
Since metropolitan areas have a better grasp on jobs, Cortright believes that a growing city center ensures the financial health of the rest of the city.
The Cons of Urban Employment Growth
While inner city employment is working in favor of some, others are suffering.
The working class is struggling with employment growth in the suburbs.
Jobs like construction, manufacturing, and retail face the worst adversity because they are positioned on the outside of the downtown area. They are losing momentum at the same rate city jobs are gaining momentum.
City employment strips away opportunities from the people who work in low salary jobs.
As mentioned by The Seattle Times, economists fear that "cities will continue to be havens for the wealthy, and inaccessible to the middle and working classes."
The biggest concern here is that metropolitan workers will become richer while suburban workers will become poorer.