Millennials in tech are 15% more likely to say that they have 'seriously considered' moving to a more affordable city than older generations.The pandemic is changing the way that US tech employees want to work and therefore where they want to live.
83% of millennials living near a major tech hub plan to or are considering a move to a more affordable city since the onset of COVID-19, compared to 73% of Gen X. 83% of millennials currently living near a major tech hub, such as Silicon Valley or New York, plan to or are considering a move to a more affordable city because of COVID, according to new data from domain extension provider .Tech Domains. It coincides with US tech giants pioneeringThese changes likely to stick, so employers should rethink the way they attract top talent, says Suman Das, brand director at .Tech Domains.
While millennials, defined as being between 24 and 40 years old, were almost 15% more likely to say that they have "seriously considered" a move to a more affordable city, older generations are also reconsidering where they live. 73% of Gen X signaled that they were thinking about moving from a tech hub to somewhere more affordable., with 61% of those surveyed said that they already working fully remotely.
I hope they realize why they are leaving to a more affordable city...
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