Fears of a recession have eroded employees’ ability to demand the telework perks they won early in the pandemic, when the labour market sat squarely in their favour.
Fewer than 26 per cent of US households still have someone working remotely at least one day a week, a sharp decline from the early-2021 peak of 37 per cent, according to the two latest Census Bureau Household Pulse Surveys. Only seven states plus the city of Washington have a remote-work rate above 33 per cent, the data shows, down from 31 states and DC mid-pandemic.
At the state level, the data shows all 50 have had work-from-home rates drop from their pandemic highs. But the unevenness in their rates of decline suggests the trend does not have one cohesive explanation, and is instead the result of a hodgepodge of migration, socio-economic, gender and race factors, and possibly even politics – Democrat states tend to have higher remote-work rates than Republican ones.
“People exited New York City, they’re not selling their homes to go back,” Bill Raveis, founder of Connecticut-based William Raveis Real Estate, said. “They’re staying here and they’re making their adjustments to the community.”is outpacing the number of companies offering them.
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