Aug 16, 2024 - Business
There are fewer remote jobs these days
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The share of job listings that advertise remote or hybrid work has declined from its 2022 peak, but is still far greater than pre-pandemic levels, per data from jobs site Indeed.
Why it matters: The prevalence of remote work is declining, as the labor market weakens.
By the numbers: Only 2.6% of job postings offered remote options in 2019 by May 2022 at the heights of the hiring frenzy the number rose to more than 10%.
- By the end of July, 7.6% of listings offered remote or hybrid options.
The bottom line: Remote and hybrid work is settling into a new normal — more prevalent than five years ago, but not quite at the levels seen during the Great Resignation.
