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The Creative Class and the crisis

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  • Todd Gabe
  • Richard Florida
  • Charlotta Mellander

Abstract

The economic crisis contributed to sharp increases in US unemployment rates for all three of the major socio-economic classes. Results from regression models using individual-level data from the 2006–2011 US Current Population Surveys indicate that members of the Creative Class had a lower probability of being unemployed over this period than individuals in the Service and Working Classes and that the impact of having a creative occupation became more beneficial in the 2 years following the recession. These patterns, if they continue, are suggestive of a structural change occurring in the US economy—one that favours knowledge-based creative activities. Copyright 2012, Oxford University Press.

Suggested Citation

  • Todd Gabe & Richard Florida & Charlotta Mellander, 2012. "The Creative Class and the crisis," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 6(1), pages 37-53.
    • Handle: RePEc:oup:cjrecs:v:6:y:2012:i:1:p:37-53
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    Cited by:

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    2. Michael Stierle & Ulrike Stierle-von Schütz & Stijn Rocher, 2018. "How did Regional Economic Structures in the EU Change during the Economic Crisis?," European Economy - Discussion Papers 088, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    3. Batabyal, Amitrajeet A. & Yoo, Seung Jick, 2018. "Schumpeterian creative class competition, innovation policy, and regional economic growth," International Review of Economics & Finance, Elsevier, vol. 55(C), pages 86-97.
    4. Batabyal, Amitrajeet, 2018. "Creative Class Competition and Innovation in the Absence of Patent Protection," MPRA Paper 89604, University Library of Munich, Germany, revised 17 Apr 2018.
    5. Amitrajeet Batabyal & Hamid Beladi, 2014. "A model of trade between creative regions in the presence of sector specific learning by doing," Journal of Evolutionary Economics, Springer, vol. 24(3), pages 573-585, July.
    6. Amitrajeet A. BATABYAL & Hamid BELADI, 2016. "Trade Between Creative Regions When The Input Elasticity Of Substitution Is Less Than Unity," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(3), pages 11-18, December.
    7. Davide Consoli & Mabel Sánchez-Barrioluengo, 2016. "Polarization and the growth of low-skill employment in Spanish Local Labor Markets," Papers in Evolutionary Economic Geography (PEEG) 1628, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Nov 2016.
    8. Esmaeilpoorarabi, Niusha & Yigitcanlar, Tan & Guaralda, Mirko & Kamruzzaman, Md., 2018. "Evaluating place quality in innovation districts: A Delphic hierarchy process approach," Land Use Policy, Elsevier, vol. 76(C), pages 471-486.

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    More about this item

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General

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