More babies, more workers, way more AI
Despite corporate efforts to mandate a return to the office, remote work remains a stable fixture of the American labor market at roughly 26% of work days. Stanford economist Nick Bloom notes that this shift has permanently altered corporate culture and employee time management.
Why it matters
The persistence of remote work represents a fundamental change in the structure of the modern economy and corporate management strategies.
Maxim Konankov; Agnès Bun; Thomas Trutschell; Andrew Caballero-Reynolds/Getty Images; Alyssa Powell/BI Work from home is dead: You've probably heard some version of this declaration from your boss over the past year. But the numbers show that WFH is actually very much here to stay . The prevalence of working from home has barely budged over the last two years, at around 26% of all American work days. That's a lot less than the 62% we saw in the early months of the pandemic — but a near quadrupling since 2019, when that share was at a miniscule 7%. Had the pandemic never happened, it probably would have taken us 40 years to get to work from home as much as we do today.
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