From, yet another review of The New Geography of Jobs

What I find so interesting and important is Moretti's finding that innovative high wage jobs create opportunities for others.

His work shows that for every new high wage job created in an area’s exporting industries, five additional new jobs are created in that metro area - three of which are for workers who have not attended college.

This multiplier effect happens because these high wage earners spend their money on local goods and services - things like restaurants, movies, nannies and others providing personal services.

Click below to read the full review.

http://www.smallbizlabs.com/2012/10/book-review-the-new-geography-of-jobs.html