Job losses hit hard for remote workers in small towns reliant on Zoom economy
The pandemic has allowed remote work, offering small-town charms and high salaries to workers who are not tied to the traditional tech and finance hubs. However, with the pandemic receding, new economic realities are beginning to challenge this model. Many workers who have moved to remote areas are now facing layoffs. They’re left with the tough decisions between lower salaries from local employers and moving to the city in search of work.
The rise of remote work is causing the growth of rural entrepreneurship and could present an opportunity for less glamorous or less capitalized industries that previously could not have competed with top companies for talent.