LOCAL NEWS:

Landowners speak up over rural growth plans

KEYWORD:

National News
A   A   A
Email Close

A couple holds hands as they cross the street in the early morning in New York October 21, 2009. REUTERS/Lucas Jackson

New York City a magnet for the young, for a time
New York City a magnet for the young, for a time
Posted : Thursday, 16 August 2012 01:46PM

NEW YORK (Reuters) - New York City has long been a destination of choice for young up-and-comers, but a new population analysis suggests that, at least for the last decade, the Big Apple has not had the same appeal as a place to grow older.

Since 1990, New York has seen an influx of adults aged 20 to 34. But many of those young adults who arrived in the 1990s left once they hit middle age, said a report issued on Thursday by the Empire Center for New York State Policy.

As a state, New York experienced the most significant exodus, relative to population, of any U.S. state, losing nearly 3 million residents over the last two decades.

An influx of immigrants reduced the net loss to about 800,000 residents.

While New York City has been a magnet for young adults, other parts of the state, including upstate New York, the Hudson Valley and Long Island, have seen that population drop sharply, the report said.

"The relative youthfulness of a region's population is in many ways an important precursor of future economic growth," it said. "Unfortunately, with the notable exception of New York City, New York State got older faster than the rest of the country between 1990 and 2010."

(Reporting by Edith Honan; editing by Gunna Dickson)

(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp
More National Headlines

FBI agent shoots man questioned about Boston bombings

Rescuers comb tornado rubble for buried survivors

Senate committee passes immigration bill

Anthony Weiner announces candidacy for NYC mayor

Jodi Arias jury due to resume death penalty deliberations

More poor people now live in suburbs than cities

WATCH: Horrific Oklahoma tornado footage

Survivors pulled from Oklahoma tornado debris

WATCH: Women finds missing dog alive in rubble

Court orders prison to hand over files in Boston bomb case

Yahoo buying Tumblr for $1.1 billion

Winning $590.5 million Powerball lottery ticket sold in Florida

Powerful tornadoes strike in four central states

VIDEO: Meteoroid impact triggers bright flash on the moon

House lawmakers reach deal to revamp immigration

House votes to repeal Obamacare for 37th time