![]() ![]() has about 4,700 two- and four-year colleges, giving almost everywhere a potential anchor for economic development. Tapping the resources of nearby colleges and universities helps communities cope with economic turmoil. The incomes of high-school dropouts in college towns increase by a bigger percentage than those of college graduates over time because demand rises sharply for restaurant workers, construction crews and other less-skilled jobs, he says. Universities boost more than just highly educated people, saysĪn economics professor at the University of California at Berkeley. ![]() There’s an Antidote to America’s Long Economic Malaise: College Towns (12/12/16).In Their Coastal Citadels, Democrats Argue Over What Went Wrong (11/18/16).The Places That Made Trump President (11/11/16).Republicans Rode Waves of Populism Until They Crashed the Party (10/26/16).America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs (10/12/16).In Places With Fraying Social Fabric, a Political Backlash Rises (9/15/16).Years of Fed Missteps Fueled Disillusion With the Economy and Washington (8/25/16).How the China Shock, Deep and Swift, Spurred the Rise of Trump (8/11/16).Election 2016 Is Propelled by the American Economy’s Failed Promises (7/7/16).The Great Unr av el in g A Wall Street Journal series examining the causes and consequences of 2016's political upheaval Massachusetts Institute of Technology economistĬoncluded that doubling the number of universities in 78 countries from 1950 to 2010 produced a 4% increase in gross domestic product per person in regions where the new universities are located. “Ultimately, cities survive by continually adapting their economies to new technologies, and colleges are central to that.” ![]() “Better educated places with colleges tend to be more productive and more able to shift out of declining industries into growing ones,” saysĪ Brookings urban specialist. Trump won the presidential vote in about 85% of the counties in areas that Brookings identified as resilient, in line with his percentage nationwide. as a whole.Īmong the 16 surprisingly resilient areas, half are home to a major university, including Athens, Ga., Charlotte, N.C., Charlottesville, Va., Corvallis, Ore., and Auburn, according to Brookings, a think tank in Washington. Many college towns have been able to withstand those economic challenges, research shows.Ī nationwide study by the Brookings Institution for The Wall Street Journal found 16 geographic areas where overall job growth was strong, even though manufacturing employment fell more sharply in those places from 2000 to 2014 than in the U.S. Presidential triumph this year was powered partly by anger that global trade and technological innovation didn’t deliver prosperity or social stability. Total employment at the plant is expected to climb to 300 from the current 190. ![]() Ricardo Acevedo, General Electric’s plant manager in Auburn, Ala. “We need to understand the properties” of the metallic powder used in 3-D printing to improve product consistency, he says. The plant manager, says GE picked Auburn because the company could count on an educated workforce and work with the university on research projects. Starting pay is about $16 an hour, compared with about $12 an hour for many manufacturing jobs elsewhere in the county. Thirty printers that look like a row of commercial pizza ovens build thousands of jet-engine nozzles a year, tended by a few technicians in lab coats.Ībout 190 people work in the factory, which also produces turbine blades using conventional manufacturing methods, and GE expects the workforce to increase to 300 employees. Sources: Labor Department (employment) Agriculture Department (universities)ĭuring the manufacturing downturn that began in the late 1990s, Auburn University in Auburn, Ala., provided a steady source of employment, improved the nimbleness of the local workforce and helped attract new businesses to replace those that fled when times got tough.Ĭhose its new plant in Auburn as the company’s first to use 3-D printing to make high-volume products. *Includes colleges established under the original land-grant act but not their satellite campuses. ![]()
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