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

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.

For remote workers who embrace winter, the Keweenaw offers a product that includes ubiquitous natural beauty, NO congestion, lower crime, and more affordable housing! Learn about it at and follow

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Retirement small business tax credits, retirement changes coming in 2023 - Silicon Valley Business JournalThe SECURE 2.0 Act included in the recently-passed government funding legislation included a raft of small changes to worker retirements.
Источник: svbizjournal - 🏆 334. / 59 Прочитайте больше »

Small towns and suburbs are trying to seize the WFH moment, but is time running out? - Silicon Valley Business JournalPandemic-induced migration patterns, the rise of remote work, a lack of affordable housing and more are coming together to give small towns a chance at fresh growth. But is time running short?
Источник: svbizjournal - 🏆 334. / 59 Прочитайте больше »

Small towns and suburbs are trying to seize the WFH moment, but is time running out? - Dallas Business JournalPandemic-induced migration patterns, the rise of remote work, a lack of affordable housing and more are coming together to give small towns a chance at fresh growth. But is time running short?
Источник: DallasBizNews - 🏆 525. / 51 Прочитайте больше »

Small towns and suburbs are trying to seize the WFH moment, but is time running out? - Jacksonville Business JournalPandemic-induced migration patterns, the rise of remote work, a lack of affordable housing and more are coming together to give small towns a chance at fresh growth. But is time running short?
Источник: JaxBizJournal - 🏆 599. / 51 Прочитайте больше »

SJC unveils new look, title in bid to expand name recognition - Silicon Valley Business JournalThe change and upcoming logo were announced last year as part of a rebranding effort to increase the airport's searchability.
Источник: svbizjournal - 🏆 334. / 59 Прочитайте больше »

Microsoft confirms big OpenAI funding, but not how much - Silicon Valley Business JournalAs part of a multiyear deal, Microsoft will reportedly invest a whopping $10 billion in the developer of ChatGPT.
Источник: svbizjournal - 🏆 334. / 59 Прочитайте больше »