REMOTE WORK TRENDS
Global Workplace Analytics current estimate (in 2020) is about 75 million U.S. employees could work-from-home at least part of the time (56% of the workforce).

Nine months into the pandemic, 41.8% of the American workforce remains fully remote.

83% of employers now say the shift to remote work has been successful for the company.

By 2025, 36.2 million Americans will be remote, an increase of 16.8 million people from pre-pandemic rates.
Anywhere from 14 to 23 million Americans are planning to move as a result of remote work.

20.6% of those planning to move are currently based in a major city.

Altogether, more than half (52.5%) are planning to move to a house that is significantly more affordable than their current home.

With 54.7% of people moving beyond daily or even weekly commuting distances, it suggests that most people are not simply moving out to the closest suburb near the office. Instead, it further supports the notion of a growing separation of where people work and where they live.
PROGRAM EXPOSURE
As remote work continues to become a normalcy in modern day work life, more people are looking to move out of their current living situations.
The Remote Shoals program was launched in June 2019 with the goal of recruiting 10 remote workers to the area. In June 2020, the program was renewed, and funding was increased to recruit 25 additional remote workers. Needless to say, we have seen a tremendous increase in interest in the 2nd year of Remote Shoals.
Journalists, freelance writers, and other publications are writing articles on the growing trend of remote working due to the COVID-19 pandemic. Remote Shoals continues to receive more and more exposure and is being recognized as one of the premier remote worker recruitment programs in the country.
PROGRAM APPLICATIONS
Total Year 2 applications: 574 and growing daily!

Total Year 1 applications: ~200

Approx. 40% of Year 2 applications are tech related
Approx. 16% are boomerangs (have lived in AL)
Approx. 29% have no experience with AL

We currently have 17 Remote Shoals Residents living in The Shoals!!

These 17 people bring an annual payroll of about $1.8 million into our community!

A total of 27 people have moved (spouses, partners, children, etc.)

8 homes have been purchased for a total of $1,406,900

8 homes/apartments have been rented for a total annual rate of $85,080

There are many others who are in the process of moving or making their final decision.
Due to this continued interest in the program, the Shoals EDA Board and SIDC approved to increase funding for Year 2 of the Remote Shoals program to $500,000!!

These additional funds will allow us to continue to recruit remote workers to live in and work from The Shoals!
Don't forget to fill out the form below for a chance to be featured in our newsletter!
Construction keeps moving along on Kith Kitchen's new manufacturing facility in the Florence-Lauderdale Industrial Park!
"The United Way of Northwest Alabama's COVID Emergency Fund recently received a $75,000 donation from the Orsted Company on behalf of the Muscle Shoals Project (solar farm)."

Great to hear of this tremendous donation from Orsted Company on behalf of the Muscle Shoals solar farm project! The Shoals community is very grateful.
The Shoals community leaders traveled to Montgomery to meet with state legislators to advocate for The Shoals and our businesses. We know how special and hard-working our businesses are. We are grateful for the opportunity to share this with state leaders. We're proud to be a part of The Shoals community and look forward to all that 2021 will bring!
JOB OPENINGS
  • Gemstone- HIRING EVENT Friday, February 26 from 1:00pm-3:00pm at Sheffield Career Center
  • Empire Electronics- JOB FAIR Friday, March 5 from 1:00pm-3:00pm at Sheffield Career Center
  • Sheffield Police Department- accepting applications through March 5
  • Applications can be picked up at city hall during regular business hours
  • Thacker Caskets- Apply in person.

Be sure to check out Sheffield Career Center's Facebook page for more information and additional listings.
SHOALS ECONOMIC DEVELOPMENT AUTHORITY | www.seda-shoals.com
(256) 349-5632
shoalseda@seda-shoals.com