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Oct 31, 2024 · 10 We also examined the relationship between the rise in remote work and labor productivity. Similar to the findings in Fernald et al. (2024), we do not find a statistically significant association between excess labor productivity growth over the pre-pandemic trends and the rise in remote work.
- Productivity and Remote Work : U.S. Bureau of Labor Statistics
A 1 percentage-point increase in the percentage of remote...
- Productivity and Remote Work : U.S. Bureau of Labor Statistics
- The Highest Percentage of Remote Workers Are Aged 24 to 35
- 38% of Advanced Degree Holders Work Remotely
- A Higher Percentage of Men Work Remote Than Women
The age group most likely to work remotely are those aged 24 to 35 . Within this demographic, 39% work remotely full time and 25% do so part time. This suggests that the younger workforce values the flexibility and autonomy offered by remote work, which could have implications for businesses looking to attract and retain this talent group.
Remote work adoption shows a clear correlation with education levels. Advanced degree holders represent 38% of the remote workforce, with a balanced mix of fully remote and partially remote work structures. Bachelor’s degree holders are close behind, constituting 35% of the remote workforce. The proportion of remote workers decreases markedly with ...
In terms of gender, there is a higher percentage of men who work from home than women. Specifically, 38% of men work remotely full time, and 23% part time. Comparatively, 30% of women work remotely full time, and 22% part time. These figures suggest a gender gap in remote work, highlighting the need for more inclusive remote work policiesto ensure ...
A 1 percentage-point increase in the percentage of remote workers is associated with a 0.1 percentage-points decrease in growth in unit labor costs. Our findings in chart 4 also demonstrate a consistent pattern: the larger the increase in remote work, the larger the decrease in growth in unit capital, energy, material, and service costs across ...
Remote work enables global matching between employees and firms, boosting labor productivity. An additional macro productivity benefit from working from home is its positive impact on pollution from transportation. The WFH surge has curbed commuting traffic volumes across the US and Europe by an estimated 10 percent.
Jan 18, 2024 · This increase in work-from-home arrangements has potentially important implications for numerous aspects of the economy and society, such as the housing market, office rental space and economic activity in downtown areas, productivity, wage growth, worker turnover, family–work balance and child care, commuting, public transit, and greenhouse gas emissions.
Aug 2, 2023 · The results of the study, pointing to a 10%-20% decrease in productivity for fully remote workers, have brought forth complex implications for employers, employees, and policymakers. These ...
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Jan 16, 2024 · An enduring consequence of the COVID-19 pandemic is a notable shift toward remote and hybrid work. This has raised questions regarding whether the shift had a significant effect on the growth rate of U.S. productivity. Analyzing the relationship between GDP per hour growth and the ability to telework across industries shows that industries that are more adaptable to remote work did not ...
