Where will you be working in 2020?

Live-Work-Play-Shop-Learn in 2020

More companies are having employees work more with remote access and technology so their “bricks and mortar” needs are reduced.  Why wouldn’t you have employees work from home and have a “swing” office for periodic office visits? Reducing office space saves costs on many fronts.
However, would you take a job working remotely?

Office space demands and needs will be very much different by 2020.

Work at home new findings from the Current Population Survey In May 1985, more than 8 million Americans reported at least 8 hours per week of home-based work services, ranging from consulting to child care, were the most common pursuits of persons working substantial numbers of hours at home (Source: BLS)

Approx. 6% of the working population telecommuted in 1985

As of 2011, about 34 million people work from their residence occasionally, reports Forrester Research, a technology and market research company. Source: St. Louis Fed

Approx 19% of the working population telecommuted in 2011

When half of the people get the idea that they do not have to work, because the other is going to take care of them, and when the other half gets the idea that it does no good to work because somebody is going to get what they work for, that is the beginning of the end of any nation!

Civilian Labor Force                        Employed                            143,000,000

                                                          Unemployed                           11,000,000

                                                         Not in Labor Force                 90,000,000

Will you be working from home in 2020?      Or will you be working?

Where will you be living in 2020?

Live-Work-Play-Shop-Learn in 2020

Housing and community design will change but not as rapidly as our culture. We will come full circle by 2020 when we see “mill towns” prosper again. The small town with a main street with an industrial or technology base will provide a safe haven from urban living. Technology is isolating the individual but we will swing back to small town living. Why – people need people and technology is just a tool and not a life style.

Recently, U-Haul released its annual Top 50 U.S. Destination Cities Report for 2013.

                                                Median Home Price                Unemployment Rate (2/14 BLS)

1.         Houston                                $187,000                               5.7

2.         Orlando                                 $193,000                               6.0

3.         Las Vegas                            $214,000                               8.6

4.         Chicago                                $247,000                               9.0

5.         San Antonio                         $175,000                               5.5

6.         Austin                                   $225,000                               4.8

7.         Brooklyn                   

8.         Philadelphia                         $256,000                               6.9

9.         Columbus                             $185,000                               5.5

10.       Kansas City                         $162,000                               6.9

11.       San Diego                            $482,000                               7.0

12.       Dallas                                   $207,000                               5.8

13.       Sacramento                         $300,000                               8.2

14.       Charlotte                              $215,000                               6.4

15.       Phoenix                                $214,000                               6.1

I don’t think that U-Haul is the best indicator of where people are moving to but perhaps moving from one location to another in the same city such as in Brooklyn. After all, you would think that Atlanta or LA would be in the top 15 destinations. 

Would you move to Texas? 

Live-Work-Play-Shop-Learn in 2020

“hindsight is 2020”
The expression hindsight is 20 20 means that you see things more clearly after an event then before.
Technology is rapidly changing and our culture is lagging behind the change. There is a battle waging between government, technology and personal responsibility for the consumer and employee. This battle is changing our culture and diverging interests will change the way we do things and have always have done them. Instead of hindsight, let’s anticipate and think about a positive future. One thing we do know is that the population will continue to increase.

There will be 30,000,000 more people in the United States over the next 10-years:

Where Will THEY LIVE?

WHERE WILL THEY WORK?

WHERE WILL THEY PLAY?

WHERE WILL THEY SHOP?

WHERE WILL THEY LEARN?

HOW WILL WE BE THINKING IN 2020?

Technology is rapidly changing and so is our culture. 2020 will be here before you know it! What is your vision on where you will be in 2020 – let alone the country? Everything is upside down and turned inside out. I can’t even fathom the idea of how this trend stops. Can you? 
This week, I will provide you with my thoughts on the above questions.