Now, they may not be moving back, but they’re commuting to the city. ![]() New York City workers fled during the pandemic to towns like Greenwich, Connecticut, driving a boom in home sales and remote-work rates. ![]() Illustrating the complexity: States whose remote-work rates have fallen by as much as half to around post-pandemic lows include Mississippi and Louisiana, which weren’t able to widely embrace remote work due to a reliance on in-person industries like manufacturing and oil and gas, but also more white-collar states that did welcome it, like California and Connecticut. But the unevenness in their rates of decline suggests the trend doesn’t have one cohesive explanation, and is instead the result of a hodgepodge of migration, socio-economic, gender and race factors, and possibly even politics - Democratic states tend to have higher remote-work rates than Republican ones. Some companies, like Goldman Sachs Group Inc., now expect a return to five days in the office, though boardroom disagreement abounds - nearly three of out four organizations see RTO as the topic most likely to foment leadership conflict.Īt the state level, the data shows all 50 have seen work-from-home rates drop from their pandemic highs. ![]() Remote employees have been blamed for dwindling profits and costing cities billions, and fears of a recession have eroded their ability to demand the telework perks they won early in the pandemic, when the labor market sat squarely in their favor. The reversal reflects the continued push by many employers to get staff to return to offices.
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