JULIE BAUKE JOINS DAWN LIVE! Julie is the President & Chief Career Strategist @ The Bauke Group! Follow her @JulieBauke 

Julie expands on the state of the workplace - responding to prompts including....

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  REMOTE WORKERS IN FOR A RUDE AWAKENING?
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  GRADS WON'T APPLY FOR JOBS WITH NO PAY RANGE
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  71% BLAME WORK STRESS FOR BREAKUPS/ DIVORCE
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  FEW WOMEN IN THE "C SUITE"?
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  ENROLLMENT AT TRADE SCHOOLS SPIKE
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  SEE BELOW IN ORDER... 

According to Business Insider, new research indicates remote workers may regret fleeing big cities for cheaper rural communities.

We've heard a lot about how the mass migration has been bad for major cities, sending them into a "doom loop" of empty offices and shuttered storefronts. But a new paper coauthored by Enrico Moretti, one of the best thinkers on the geography of jobs, highlights the dangers the migration poses for the very professionals who are ditching big cities. Moving away from a major city, Moretti found, can be terrible for your career.
Moretti, an economist at the University of California at Berkeley, followed workers whose companies shut down between 2010 and 2017. How people fared after that depended on where they lived. Those who lived in small labor markets were less likely to find a new job within a year than those in large labor markets. To get back on their feet professionally, those in small markets were more likely to be forced to relocate for employment. They were also more likely to settle for a role that was misaligned with their college degree, or in an entirely different industry.

"The big takeaway is that market size matters," Moretti says. "It's clear that larger markets improve the quality of the match..."

Let's say you're a coder specializing in AI. You're far more likely to find a job in San Francisco than you are pretty much anywhere else in the world, because there are a lot of AI-related companies there. And it's because AI specialists flock to San Francisco that AI businesses set up shop there in the first place. That's how cities become hubs for particular industries, like finance in New York and fashion in Paris. And that's why people put up with all the downsides of cities — because it increases their odds of growing their careers. Moretti's new paper confirms that when it comes to jobs, geography is destiny.

At first it seemed as though the pandemic had rewritten that rule. With the rise of remote work, professionals thought they could afford to leave their expensive cities without a risk to their careers. If you moved to Des Moines and wound up losing your job, you could just stay put and get another work-from-home gig. Your house might be in Iowa, but your job market was still back in California or New York.

Over the past year, more and more employers have stopped hiring for remote roles. The market for WFH jobs has cratered, putting everyone who moved away from big cities at risk. If they wind up getting laid off or they outgrow their current role, living in a smaller job market is going to severely limit their career options. As Moretti's paper shows, they'll either (1) wind up unemployed for a long stretch, (2) be forced to settle for a local job they're overqualified for, or (3) have to make an abrupt and costly move back to the big city they abandoned.

Moretti characterizes being in a large labor market as "insurance" against future shocks. Living in a big city isn't just about having a good job right now. It's what sets you up for success to land your next job — and the job after that. Those who moved away from big cities effectively gave up their career insurance.

Is Moretti correct that fleeing a city is risky for remote workers?

(Business Insider)
Employers that don't share pay ranges in a job posting may lose out on talent from soon-to-be and recent graduates.
According to a new survey of recent and upcoming US post-secondary and recent graduates, 85% reported they are "less likely to apply for a job if the company does not disclose the salary range in the job posting."

That's according to Adobe's Future Workforce Study. The December survey, conducted with Advanis, included just over 1,000 respondents who were US post-secondary students and recent graduates. Read more.

Are Gen Zers making a mistake by not applying for jobs if the salary isn't listed?

According to Men's Journal, a new survey finds work-related stress is leading to an abnormally high rate of breakups and divorces, with 71 percent of respondents reporting that work stress caused a personal relationship to end...

The findings were part of the sixth annual workplace mental health trends report published by the meditation and mindfulness app Headspace. The company partnered with Dimensional Research to survey over 2,000 employees in the United States and U.K., as well as over 200 CEOs and 245 Human Resources leaders.

How can you keep work-related stress from impacting your marriage?

(Marketplace)
The number of women in senior corporate leadership has grown every year since S&P Global started tracking gender parity among executives in 2006. That is, until last year. In 2023, women lost C-suite positions across publicly traded firms, with their representation dipping below 12%. Read more.

What's driving this trend?

According to Morning Brew, enrollment in trade schools is skyrocketing.
The number of students enrolled in vocational-focused community colleges increased 16% from 2022 to 2023, according to data from the National Student Clearinghouse.
The number of students studying construction at two-year undergraduate programs rose ~12% since 2021.
Why? Four-year schools used to seem like the most straightforward path to a high salary, but with their costs going up, they also lead to a lot of debt. Meanwhile, a shortage in skilled workers has driven up workers’ earnings: Median pay for construction workers rose more than 5% last year to $48,089, compared to $39,520 for new hires in professional services (like accountants and IT workers), according to payroll provider ADP.

Plus…software can’t repair a leak in your roof (yet). In a recent survey, the majority of young people said blue-collar jobs seemed more secure than white-collar ones amid developments in generative AI technology that could render some jobs obsolete.

How can parents help their college-age kids decide if college or a trade/vocational school is the best option? And what skilled trade jobs will still be viable in twenty years?

Julie Bauke (rhymes with NOW-kee) can offer advice. She is Founder and Chief Career Strategist with The Bauke Group. Julie also worked for 16 years in HR. She is the author of the book, Stop Peeing On Your Shoes: Avoiding the 7 Mistakes That Screw Up Your Job Search. 

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