We examine job matching as a potential source of urban agglomeration economies. Focusing on college graduates, we construct two direct measures of job matching based on how well an individual's job corresponds to their college education. Consistent with matching-based theories of urban...

Upstate New York's weak population and labor force growth in recent years has raised concerns about a loss of educated workers. Indeed, the region has seen a net outflow of college-educated people. This issue of Upstate New York At-a-Glance finds that this net outflow reflects a low rate of...

As the baby-boom generation begins to retire, employers in upstate New York will be confronted with the dual pressures of replacing these workers and filling new jobs created in growing segments of the economy. An analysis of projected hiring rates in the region suggests that although there will...

Upstate New York, with a growing senior population, is seeing an increase in the number of frail and disabled elderly who rely on local services and infrastructure and are concentrated in the inner cities and older suburbs. While local governments and institutions will face greater pressure to...

Colleges and universities can contribute to the economic success of a region by deepening the skills and knowledge—or human capital—of its residents. Producing graduates who join the region’s educated workforce is one way these institutions increase human capital levels. In addition, the...

U.S. households accumulated record-high levels of debt in the 2000s and then began a process of deleveraging following the Great Recession and financial crisis. However, the magnitude of these swings in the use of credit varied considerably within the United States. An analysis of trends in...

We investigate whether the degree production and research and development (R&D) activities of colleges and universities are related to the amount and types of human capital present in the metropolitan areas where the institutions are located. We find that degree production has only a small...

Newly available measures of GDP at the metropolitan area level now afford a more comprehensive view of regional economic activity. An analysis of upstate New York's economic performance using these measures points to below-average output growth between 2001 and 2006 along with productivity...

Upstate New York may have shown signs of a turnaround in 1997 and 1998, but its economic performance is still well below that of the nation and New York State as a whole.