According to Dahlstrom et al., Though the area has benefited from the growth of the University in Akureyri, which grew from having 4 employees and 50 students in 1987 to having 177 employees and 1,470 students in 2015, this development does not counterbalance the decline in the number of industrial jobs. In their report, Dahlstrom et al. Moreover, the growing tendency of the larger companies of Reykjavik buying businesses in the area is an increasing problem, since the local labour market is already narrow and, as previously mentioned, commuting in and out of the area is simply not possible.