Portland has a problem. And, in many ways, it's not a bad one. According to New York Times Magazine, the Pacific Coast city has attracted — and retained — college-educated young people at the second highest rate in the nation. So now what?
While a number of recent college grads relocate to cities like San Francisco, Los Angeles or New York for the bustling economies and job opportunities, another group of Millennials is moving to Portland to, well, move to Portland. Though the area is home to some outdoor sports apparel businesses such as Nike and Columbia Sportswear, Portland isn't really a destination for the burgeoning tech industry that most Millennials want to get a piece of. The fact remains, though, that a number of these young Portlandians are without jobs.
The good news: the tech industry is providing ways for college-educated workers to have their cake and eat it, too. Companies that are open to the possibility of a remote workforce will be able to cast a much wider net when recruiting talent. Most Millennials cite workplace flexibility as a top priority at their current (or prospective) place of employment. Flexibility can be defined in many different ways, but for swarms of educated young people who want a big city job with a smaller city life, remote work is where it's at. And, it seems, where it's really at is in Portland.
Read more about Portland's growth among the young and educated here.
Want to keep learning? Explore our products, customer stories, and the latest industry insights.
Tap into your team’s development by enabling their career
In today's job market, one roadblock organizations often deal with when trying to hold on to employees is a concept called “talent hoarding.” Talent hoarding occurs when a manager holds tightly to an employee because they view that person as an essential asset to their team. Losing this person would likely create a hole in the department that the manager may consider challenging or inconvenient to fill.
Why Leadership Development is Critical in Higher Ed
Founded over 150 years ago, Davenport University is based in Michigan. It is home to 7,000 students spread across ten campuses throughout the state, including a significant online presence as part of its global campus. Davenport’s Office of Performance Excellence currently has just six employees serving over 600 full- or part-time faculty and staff, plus 600 adjunct faculty.