Distant Work Tendencies After the Pandemic

The COVID-19 pandemic created dramatic modifications within the share of individuals working from residence, which has remained elevated even after the pandemic.  Previous to the pandemic, solely 5.7% of the U.S. workforce was working from residence. This determine jumped to 17.9% in 2021 throughout the peak of the pandemic and decreased barely to fifteen.2% in 2022, when the pandemic got here to an finish.

In comparison with a typical American employee, individuals who do business from home are older, wealthier, and earn larger revenue. The median age of people that do business from home is 43.2, in comparison with 41.5 for the overall labor pressure. In 2022, half of those employees earned $69,180 or extra. As compared, the nationwide median earnings had been $46,365. Distant employees have extra property, with 72.1% dwelling in owner-occupied houses in comparison with two-thirds of the general labor pressure. Round 95.4% of distant employees personal a automotive, regardless that they don’t commute to work. It’s virtually the identical proportion as among the many basic work pressure.

Distant employees are concentrated within the data, skilled and monetary companies. 36% of these within the data business, 32.8% in finance, insurance coverage and actual property, and 32.6% in skilled companies work primarily from residence. Equally, a big majority of distant employees (65%) have occupations in administration, enterprise, science, and the humanities. Occupations that require interactions with the general public and/or that don’t require a pc are a lot much less more likely to be carried out at residence. These embody development, upkeep, and transportation occupations.

The geographic distribution of distant work is considerably influenced by the varieties of industries and occupations which can be prevalent regionally. The map under exhibits the modifications in distant employees by metro areas. Essentially the most important positive factors from 2019 to 2022 in distant employees had been in San Jose metro space (395%), Washington DC metro space (305%), Seattle metro space (300%). These metro areas have a excessive focus of expertise, finance, {and professional} companies industries.