The number of job listings offering remote or hybrid work options is no longer growing at the same rate when compared to the height of the COVID-19 pandemic, according to the company. Barons. The percentage of job openings offering remote work options reportedly fell from 13.08% to 12.19% from October to April.
data published by National Economic Research Service Researchers in Cambridge, Massachusetts, found that major cities like San Francisco, Boston, and Phoenix all had this trend.
Why it matters:
Findings like this show how employer preferences are changing within the workforce. Many large companies are now trying to get their employees back in the office by updating their return-to-office (RTO) policies. Companies like Amazon, Apple, Goldman Sachs, Twitter, and Tesla have all announced updates to their labor policies. The growing trend could affect job seekers who prefer remote or hybrid working arrangements, and could impact the entire work culture in the years to come.
What impact will it have on the future:
Remote work is at a crossroads in the United States, with employers and employees setting the direction of the future of work. Remote work opportunities are becoming less and less likely to impact commuting patterns, commercial real estate markets and even local economic development. Urban areas are likely to see increased demand for public transportation and commercial real estate as more employees return to offices, and suburban and rural housing markets are likely to experience similar shifts in demand.