Small towns and suburbs are trying to seize the WFH moment, but is time running out? - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Small towns and suburbs are trying to seize the WFH moment

Smack dab in the center of Illinois, Mattoon has seen its population slowly drop from about 19,700 in 1970 to about 17,000 today. Along the way, it has seen big employers and manufacturers close up shop and move, including a General Electric lighting plant in 2017 and LSC Communication's printing operation in 2020.“It is an exciting time right now for us. We are going to see things happen in the next couple of years that don’t come around every 50 years,” Hall said.

“We wanted to bring people to Mattoon to live that don’t want to live in a metropolitan area,” Hall said. “The mechanism for us is here. We’re excited about whats going on right now.” Steven Strauss, the John L. Weinberg/Goldman Sachs Visiting Professor at Princeton University’s School of Public and International Affairs, stressed that if work from home fades, smaller towns won’t have much luck attracting those workers. But if 5% to 10% of workers stay permanently remote“I am relatively bullish that work from anywhere is here to stay,” Strauss said. “The last few years have been a relatively hot labor market for knowledge workers.

Now, people looking for affordability are leaving expensive cities like Los Angeles in favor of Phoenix, or cheaper states like Idaho. And while he sees young people moving back to big cities, he said families and older workers tired of the costs and looking for more space will head elsewhere.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 599. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Retirement small business tax credits, retirement changes coming in 2023 - Jacksonville Business JournalThe SECURE 2.0 Act included in the recently-passed government funding legislation included a raft of small changes to worker retirements.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Q4 market reports: Jacksonville industrial sector short on space, high in demand - Jacksonville Business JournalSeveral local sector reports noted a comedown from the fluctuations of 2021, though fundamentals in 2022 appeared healthy.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Why a CRB opened a Jacksonville office focused on life sciences - Jacksonville Business JournalThe architecture, engineering and construction firm's work includes everything from vaccine rollout to cell and gene therapy to pet food.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Why a CRB opened a Jacksonville office focused on life sciences - Jacksonville Business JournalThe architecture, engineering and construction firm's work includes everything from vaccine rollout to cell and gene therapy to pet food.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Q4 market reports: Jacksonville industrial sector short on space, high in demand - Jacksonville Business JournalSeveral local sector reports noted a comedown from the fluctuations of 2021, though fundamentals in 2022 appeared healthy.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

AT&T expands fiber network throughout Jacksonville - Jacksonville Business JournalAT&T expansion to help close the digital divide in Jacksonville.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »