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Remote work

What keeps economists up at night?

by Elizabeth Trovall
Aug 23, 2023
We asked some professors to riff on the theme of the Fed's annual Jackson Hole retreat: “Structural Shifts in the Global Economy.”
"I think the regular 8-to-5 schedules we used to have are really super hard for families," says Ayse Imrohoroglu of the University of Southern California.
Christian Ender/Getty Images
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Mexico City opens arms to digital nomads, but locals say they’re paying the price

by Grace Heerman
Aug 8, 2023
A partnership between Mexico City and Airbnb is encouraging remote workers to stay longer, but locals say the expats are sending housing prices soaring.
The CDMX sign in Parque Francisco Villa, one of Mexico City's many green spaces. The influx of foreign purchasing power, thanks to increased tourism and remote workers, is accelerating gentrification in the city.
Grace Heerman
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The financial consequences of empty offices

by David Brancaccio , Alex Schroeder and Erika Soderstrom
Jul 13, 2023
Offices are at the epicenter of seismic pandemic shifts, per McKinsey's Aditya Sanghvi. They need to become places where people want to be.
Almost every company is reevaluating its relationship with commercial real estate, says Aditya Sanghvi of McKinsey.
Justin Sullivan/Getty Images
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These remote employees are secretly working abroad

by Kristin Schwab
Jul 11, 2023
Their employers think they're in the United States, when they're really traveling the world.
Working abroad can have some complications, from tax confusion to tech support difficulties.
Solovyova/Getty Images
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How bad will it get for office real estate?

by Matt Levin
Jun 26, 2023
Tenants are celebrating the falling rents, but record vacancies could eventually upend the market.
Office buildings in San Francisco have particularly high vacancy rates.
Justin Sullivan/Getty Images
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Defaults on commercial real estate loans are rising as many workers stay remote

by Henry Epp
Jun 5, 2023
More than 3% of such loans are now delinquent.
Renters may be able to get a better deal on office space right now — but many are sticking to the sidelines.
Justin Sullivan/Getty Images
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Admit it — you miss socializing at the office

by Kristin Schwab
May 23, 2023
Work can be a foundational part of socialization for young adults on their own for the first time.
It’s been more than three years since the pandemic first shut down offices across the country. That means many young office workers have never actually worked in an office.
AzmanJaka/Getty Images
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Employers want everyone back in the office — for real this time

by Kristin Schwab
Apr 4, 2023
A less robust job market has made corporate leaders' preference easier to implement.
Companies like Meta are pausing the hiring of remote workers. CEO Mark Zuckerberg said the data suggests that engineers who started at the company in person generally perform better than people who trained remotely.
Josh Edelson/AFP via Getty Images
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Pandemic exodus from big cities was short-lived

by Samantha Fields
Mar 30, 2023
Census data shows fewer people are moving out of coastal urban centers, but Sun Belt states remain popular.
"One of the biggest things that landlords look at when they're deciding whether or not to rent to a tenant is their credit score," Chang said. A lower credit score can affect one's ability to move out and find a new place to live.
Spencer Platt/Getty Images
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Is remote work here to stay?

by Sabri Ben-Achour , Chris Farrell and Erika Soderstrom
Feb 13, 2023
Remote work doesn’t just help employees, it can benefit companies too.
Marketplace's Chris Farrell discusses the future of work and who stands to benefit the most from it.
Ilona Titova via Getty Images
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