Working from Home Revelations

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“Working from Home” Revelations

Written By: PJ Wade — Decisions & Communities

Pre-pandemic, earning the big bucks involved donning traditional business attire and heading downtown to the office every day. Not now.

During the pandemic, moving up in the business world means having more and more freedom not to look or act like youre part of the traditional business world.

These days, going to the office may mean me>

For decades, employers equated working from home with employees slacking off. This productivity misconception meant advances in technology like WiFi and mobile computing did not spawn anticipated widespread teleworking or working over phone lines:

Even tech industries creating the remote-work software and bolstering the internet kept their employees coming to the office. Giants like Apple and Google built monuments to their genius to captivate their thousands of workers on site.
The real estate and development industries were dedicated to helping workers live as physically close to work as was affordable.
Real estate value was tied to work proximity and convenient commutes.

Then the pandemic kicked in during the spring of 2020 and that traditional thinking came under attack.

More than a third of US households working from home report the shift to staying home is more common during the pandemic than before. According to Working from Home During the Pandemic, authored by the U.S. Census Bureaus Journey to Work and Migration Statistics Branch, those who switched to telework have higher income, education, and better health.

This socio-economic pattern proves that the pandemic theme were all in this together is a misconception.nbsp;

Beyond medical inequalities, the pandemic is not, financially, socially, or work-wise, affecting everyone in the same way or to the same extent:

Many industries and their must-go-to-work employees have been devastated by the pandemic. Real estate, on the other hand, is flourishing and not just because interest rates are low.

Many individuals, families, and small businesses see the pandemic through the lens of a recession: lost income, lost jobs, homelessness, failure to pay expenses like rent or credit card debt, struggles with food insecurity. Many of those who can work from home have earned more and saved more during the pandemic than before Covid hit. Their discovery that you can work from anywhere drives these home buyers out of major urban areas and condominiums to find their spacious dream home.

Households with members who teleworked more frequently reported higher levels of income and education and better health than those in which no one changed their typical in-person work in response to the pandemic. Renovations to incorporate home office demands are a common result.

All this means that skyrocketing real estate demand for live anywhere housing, up-grading square footage, and space-generating renovations does not include everyone.

Since August 2020, the Census Bureau has asked participants in the Household Pulse Survey: Did any adults in this household substitute some or all of their typical in-person work for telework because of the coronavirus pandemic, including yourself?

Figure 1. nbsp;

Census Bureau findings include the following statistics, which are reflected in Figure 1:

Among those surveyed between Aug. 19 and Dec. 21, 36.9 answered yes.

Of those in poor health, 4 in 5 79.9 reported that no one in their household switched to telework or changed their telework habits, compared to just over half 52.4 of those in excellent health.

In the highest-earning householdsthose with annual incomes of 200,000 or more73.1 switched to telework. This is more than double the percentage 32.1 of households with incomes between 50,000 and 74,999, a range that includes the 2019 median U.S. household income 65,712.

Lowest-earning households were less likely to switch to telework. Only 12.7 of households earning under 25,000 reported teleworking in lieu of in-person work.

Those with a bachelors degree or higher were more than three times as likely as those with a high school education or GED only to have an adult in their household substitute in-person work for telework: 61.7 compared to 19.1.

How respondents described their health status as excellent, very good, good, fair or poor also >

The public outcry to keep each other safe from the virus has put many on their best behavior. Employers are now often as intent on having employees shift to working from home as employees are themselves. This combined, and often collaborative, effort has improved work flexibility and established creative virtual solutions.

However, even outside of the context of the COVID-19 pandemic, income, education, and health are closely cor>

Will pandemic telework patterns persist post-pandemic?

Work from anywhere also means anyone in the world could take your job.
Companies actively pursuing AI and machine learning may need fewer and fewer workers.
When the Covid-19 spotlight is off them, employers may lower compensation for teleworkers claiming its cheaper and more fulfilling for them to work from home.

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Resource Alert: nbsp; Household Pulse Survey: Household Pulse Survey Public Use File PUF

Microdata files contain individual responses to survey questions. They can be used to create custom tabulations and allow users to delve further into the rich detail collected in the Household Pulse Survey HPS. All weekly HPS microdata files are >



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