A bright little news nugget about the Pgh MSA from the Federal Reserve (Pittsburgh: job market)

[PghYinzer]

In this data brief, we describe changes in the Pittsburgh MSA labor market during the recovery period. The Pittsburgh MSA stands out among other Fourth District MSAs we’ve examined when it comes to the education levels of its young workers. Their young labor force has more college graduates and fewer high school dropouts compared to those in Cincinnati and Cleveland MSAs. Notably, upwards of 38 percent of young workers have a Bachelor’s degree or more, compared to 29 percent in the Cincinnati MSA and 27 percent in the Cleveland MSA. Growing shares of young workers in the Pittsburgh MSA are employed in higher-skilled occupations such Education, Management, and Computer & Math; these same occupations experienced growth in employment and/or wages from 2006 to 2011. Healthcare Support and Personal Care & Services, occupations that generally employ lower-educated workers and pay among the lowest average wages, also experienced gains in employment and real wages along with increases in the education levels of workers. The relative health of the Pittsburgh MSA labor market is evident in the large number of occupations with growth in employment, real wages, or both compared to the Cincinnati and Cleveland MSAs. Fewer than four occupations in Pittsburgh experienced both wage and employment declines, compared to nine occupations that showed these declines in the Cleveland and Cincinnati MSAs. Our analysis shows several positive signs in Pittsburgh’s job market, particularly that of younger workers: increasing education, growing or stable employment and wages—even in the lower-skilled, lower-wage occupations—and virtually no shift in the share of young adults working part-time during the recovery period in the Pittsburgh MSA.

http://www.clevelandfed.org/Communit...tion/index.cfm

Seems to be some good news for the younger workforce of Pittsburgh, they are getting smarter, have stable employment, and wages are growing or stable across all levels of employment.

I would assume this is unbiased since the main branch of the 4th District of the Federal Reserve is located in Cleveland...

[SteelCityRising]

But, but, but....Cleveland does it sooooo much better! zzzzzzZZZZzzZZZzzzzzzz

[grep]

Although Pittsburgh is doing ok in overall numbers of educated adults, our proportion of 25-34 year olds with a graduate or professional degree (page 5) leads the nation! Or at least it did in 2009-- I'm having trouble finding newer numbers for this somewhat odd statistic.

[zman63]

Originally Posted by SteelCityRising

But, but, but....Cleveland does it sooooo much better! zzzzzzZZZZzzZZZzzzzzzz

Never said that. I stated both cities are similar.

[Geeo]

I believe the stats for the high number of people here with graduate degrees came out of Pitt, if I'm not mistaken.

This is good news, and a far cry from our nadir of 30 years ago. It took a lot of planning, studies, and hard work to make this a transforming economy that is doing relatively well. Still room for improvement, of course, but we're definitely trending in the positive direction.