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| Economy |
| Workers Returning Back to the Office Across US |
| 2021-11-21 |
| [Epoch Times] Foot traffic in American workplaces reached the highest levels since the pandemic and related lockdowns began, with back-to-office trends strongest in metros like New York, Boston, and Austin. Austin will be thrilled to be placed in such heady company. Tech companies along with media and telecom outperformed other industries in office desk bookings last month. However, real estate companies saw 15 percent fewer employees return back to work, and a staggering 50 percent of health care workers chose not to return. Vaccine mandates could be a reason for this absence. Not to come back to work, or to continue to work from home? The survey also revealed an interesting detail as people return from the pandemic‐Monday has now surpassed Friday as the least popular day to work in the office. Well, that's certainly significant! According to data collected by Kastle Systems from 2,600 buildings and 41,000 businesses across 47 states and 10 major cities, the weekly average occupancy rate currently stands at 39 percent and climbing. As of Nov. 10, Austin led the roost with 55.3 percent occupancy, with Houston and Dallas following at 52.3 and 49.8 percentages respectively. Outside of Texas, Philadelphia was at 37.3 percent, followed by Los Angeles and New York hovering around the 35 percent mark. Texas leads the way! I wonder about Florida? |
| Posted by:Bobby |
| #4 Do they pay people not to work in Texas? Not yet, but with the number of CA immigrants.... |
| Posted by: Glenmore 2021-11-21 14:48 |
| #3 yes occupancy is increasing but still lags 2019 also, capacity has increased so it takes more office workers to fill it up, not just Austin but almost everywhere |
| Posted by: Lord Garth 2021-11-21 13:56 |
| #2 Austin led the roost with 55.3 percent occupancy Do they pay people not to work in Texas? |
| Posted by: Procopius2k 2021-11-21 06:30 |
| #1 Work from home has saved corporate America $$$ 100's of Millions. eg. With NYC average office space currently running at $56.46 per square foot. WFH is lowering the employee operational costs and saving Corporate HQ. So, pretty soon HOPEFULLY restaurants won't be able to use their BS claim of staffing shortages to run a 5,000 sq/ft / 100 seat restaurant location as a drive-thru? Because I refuse to waste good $$$$ to eat cold food at home 20+ mins later. |
| Posted by: NN2N1 2021-11-21 05:51 |