Why remote work is a big problem for the economy

  • by:
  • Source: CNN
  • 08/04/2021
New York CNN Business —  Americans are trickling back to their pre-pandemic workplaces, but most offices are still largely empty. And that’s affecting local economies in a major way.

Love it or hate it, commuting is good for the economy. You pay train conductors’ salaries with your subway fare. The dry cleaner by the office and the coffee shop around the corner all count on workers who have been largely absent for nearly a year and a half.

In 2020, the number of people working from home nearly doubled, to 42% of America’s workforce, according to the Bureau of Labor Statistics.

And although many workers may prefer that setup, staying home is likely to delay the recovery of the vital office-adjacent economy.
 

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