Monday, December 05, 2011


Among the 50 largest metropolitan areas, only six had more people at work in October 2011 than in December 2007--the start of the Great Recession. Among those six (relatively) thriving metropolitan areas, only one is outside the South: Pittsburgh. (The others are Austin, Houston, New Orleans, Oklahoma City, and San Antonio).

What's so special about Pittsburgh? According to an analysis by the Federal Reserve Bank of Cleveland, some of the success is accounted for by the types of industries in Pittsburgh. But most of the success (more than 80 percent) is due to the better performance of Pittsburgh's industries compared to their counterparts elsewhere.

Source: Federal Reserve Bank of Cleveland, Pittsburgh's Labor Market in the Recession and Recovery

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