Westchester County Business Journal: Exodus of young professionals slows, but brain drain ongoing

By Mark Lungariello -- August 14, 2014 The latest U.S. Census data show a slowing of the exodus of young educated workers out of Westchester County, but suburban brain drain remains an overall trend. Westchester has lost 12 percent of its 25- to 34-year-olds since 2000, according to the 2012 American Community Survey, but the recent numbers show an improvement over the 12.8 percent in the 2011 survey. An analysis of the data was presented at an Aug. 6 event in Purchase hosted by the Urban Land Institute’s Northern New Jersey and Westchester/Fairfield councils. Alexander Roberts, the executive director of fair housing group Community Housing Innovations Inc., shared a presentation that said despite the easing of the loss of young professionals, the county’s wealthiest communities were still experiencing the greatest losses. Read more.