Northern Manhattan Sees White Collar Boom

Traditionally immigrant neighborhoods in the northernmost reaches of Manhattan, Washington Heights and Inwood are seeing new, white collar companies set up shop in the low-rent neighborhoods.

"According to the latest census data, the number of white-collar jobs in sectors likes information technology, finance, management, and other professional and scientific areas in Washington Heights and Inwood has doubled from 10,173 in 2000 to 20,038 in 2010.

The total number of jobs in the neighborhoods has also risen 31 percent since 2000, though the population has remained almost constant, registering a tiny dip from 208,414 to 208, 215. The unemployment rate for the neighborhoods is still significantly more than the city average of 9 percent, but has declined from 14.3 percent to 13.5 percent since 2000, at a time when it is increasing elsewhere."

Full Story: Washington Heights Sees White-Collar Boom

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