Pandemic-Fueled Urban Exodus Brings Career Risks for Some as Jobs Call Cities Back
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Urban residents fled big cities during the pandemic for affordability and lifestyle, but some regret leaving and cities continue to lose people.
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Living outside major urban hubs can hurt careers - it's harder to find a job, people may be overqualified for local roles, and they miss out on networking and innovation.
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Remote work made people think geography wouldn't limit jobs, but remote roles are declining, putting careers at risk.
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Big cities offer "knowledge spillovers" and better professional development by being around industry peers.
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Though some will stay in smaller areas, economist Enrico Moretti expects urban revival as people are drawn back for career opportunities.