Millennials on the move…
On the heels of the pandemic and as people continue to adapt to a new world, many are facing the decision of where they’d like to advance their personal and professional goals. A place to call home. This includes a popular group: millennial tech workers. There is a lot that goes into choosing where to live for the tech workforce, especially now with added factors like remote work options playing a role. So, where are they moving?
According to LinkedIn data presented by Bloomberg, Austin has been the top beneficiary of tech-related migration over the last year. There has also been movement to places like Nashville and Denver, other growing tech hubs outside of Silicon Valley. On the other hand, larger cities like the Bay Area, Chicago, and Boston have experienced outflows. Even before the pandemic, many up-and-coming tech cities were experiencing periods of growth, including Dallas and Charlotte, who both saw net migration of 7,000 or more residents over a 5-year period following the Great Recession.
While it remains unclear if these migration patterns are permanent, there is a lot to be said for what some of the mid-sized growing tech hubs offer that Silicon Valley and others are struggling with: quality of life and affordability. Better yet, moving to some of these other cities does not mean sacrificing abundant career opportunities or connectivity.
Learn more about how tech workers decide where to live and where they are moving in this edition of The Mid-Point.
Inside this issue
- Where Millennials Are Moving – 2021 Edition
- How Tech Workers Decide Where to Live
- Should You Earn Less Money Because Of Where You Live?
- Pittsburgh Robotics Virtual Recruiting Event
Young professionals have long looked to New York, Los Angeles, Chicago and other bustling cities as places of opportunity. But in the last few years, migration patterns have shifted to show that a smaller share of Americans are moving to these cities. And after the outbreak of the COVID-19 pandemic, another study also reveals that the majority of young professionals are living with their parents. Even so, millennials have been the largest generation in the workforce since 2016, and as they move throughout the country in search of new job opportunities, SmartAsset crunched the numbers to find the cities and states where their net migration is the highest. Read More
On the heels of the pandemic and as many people continue to adapt to the new world, many are facing the decision of where they’d like to advance their personal and professional goals. A place to call home. This can include young professionals, hoping to move to a slower pace of life where they can work remotely. It can also include older generations looking for a new beginning with the children out of the house and freedom to explore. Regardless of the reason someone is considering a move, it can be a daunting process to choose a new location. There is a lot that goes into choosing where to live, especially so when it comes to tech workers. Read More
If you are great at what you do, why should you be forced to earn less than what you’re worth just because you live outside of a major city? Doesn’t it seem reasonable that a person should be paid what they’re worth regardless of where they live?
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