Today, as I contemplate 2.5 years not having seen my parents in person, I got thinking about mobility as an essential aspect of the academic job market. We take it for granted that if you want to succeed in academia, you must be willing to move to a wide range of geographical locations, away from people you care about including family and friends. You must be willing to uproot yourself to a location far away from them, and then find that it is hard (or impossible, as often turns out) to make friends. People with the two-body problem likewise face heart-rending choices of either sacrificing one's academic hopes to be able to stay with one's partner, or signing up for an indefinite, difficult long-distance relationship.
All of this was hard before the pandemic, now it's become even harder. With a changing and unpredictable public health situation, travel bans and border closures, academic job market candidates will increasingly ask themselves "Am I willing to put an ocean (or another large geographic distance) between myself and the people I care about?" — My guess is that the answer to this question will be increasingly "No".
It used to be common wisdom to tell grad students that they should be willing to take a job anywhere, and apply anywhere, even in places that they don't find geographically desirable. Given the state of the job market, it is indeed the case that making any sort of geographic restriction will severely limit your chances of academic employment. For this reason, it is a good idea to be frank with prospective graduate students about the many challenges of the academic job market, including the lack of geographic control. In my experience, talking to many alt-ac philosophy PhDs, geographic control was an important (and sometimes decisive) factor for them to leave academia.
However, as placement director now more even than before, I do not advise prospective students "Apply (and accept) any TT job anywhere". Rather, I say that it does help to apply widely, and to be open-minded about where you want to live. But I would never recommend to people who definitely, 100% because of family reasons or whatever want to stay in their current city/area to take any TT job anywhere. Rather, if they are not willing to move where the jobs are, they need (early on) to have a good backup alt-ac plan. I've since seen several candidates who got placed in positions in places where they want to live, including one person who was able to find a nice alt-ac job just a few miles from where his parents live.
So, given the pandemic and given how unexpectedly hard it is to find oneself basically without friends and family nearby, I would recommend that we revisit the recommendation to graduate students they should be willing to live anywhere. Even before the pandemic, I think people underestimate the importance of geographic control in their overall happiness, and our job market plans and advice should reflect that reality.
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