Nov 5, 2021 - Economy & Business
Charted: Work from home tapering
Workers are heading back to the office after over a year of the COVID-19 pandemic-induced rise of work from home, BLS data shows.
Why it matters: Remote work started as a temporary plan when the pandemic hit in March 2020, though new data shows that workers are heading back to the office
- The share of people who worked at home or teleworked fell to 11.6% last month, the lowest point since the start of the pandemic.
- Context: 35% of the employed workforce went remote due to the pandemic in May 2020.
The working group with the largest share of workers still at home: those over the age of 25 with an advanced degree at 25.6%.