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trueHUE® Water cooler stories
Contrary to media hype, tech firms and young workers aren’t flocking to “superstar” cities.
According to demographer Bill Frey, the 2013–2017 American Community Survey shows that New York now suffers the largest net annual outmigration of post-college millennials (ages 25–34) of any metro area—some 38,000 annually—followed by Los Angeles, Chicago, and San Diego. New York’s losses are 75 percent higher than during the previous five-year period.
By contrast, the biggest winner is Houston