Job listings offering hybrid work have tripled since 2019

Job openings that allow remote work at least one day a week have tripled since 2019.

according to it working paper It was distributed by the National Bureau of Economic Research on Monday. For this paper, she analyzed job listings in five English-speaking countries (US, UK, Australia, Canada, and New Zealand).

“The pandemic has facilitated a permanent shift to remote work,” the authors conclude. Job postings that offer her at least one day of the week the opportunity to work from home, he tripled in the U.S., and nearly five times the remote work opportunity in her four other countries surveyed. increased to

The authors examined job listings from over 50,000 online sources, including government job boards, employer websites, and job sites. They researched over 250 million job listings for her in five countries.

The researchers say they achieved “99% accuracy in flagging job listings advertising hybrid or full remote work.”

Researchers have found that hybrid work trends vary by industry, city, and occupation. Industries where many remote workposts are found typically require heavy computer use and include finance, insurance, and information and communications industries.

Business hubs such as Chicago, London, New York, San Francisco, and Toronto had higher costs of living and higher rates of remote work opportunities than second-tier cities and their surrounding commuting areas.

Business hubs like Chicago, London, New York, San Francisco, and Toronto (arguably more expensive to live than second-tier cities and surrounding commuting areas) also had higher rates of remote work opportunities.

In the early days of the COVID-19 pandemic, companies were forced to ask non-essential employees to work from home. But even as health concerns abate and the economy begins to reopen, many employers continue to work from home or adopt a hybrid model that requires people to be in the office a few days a week. bottom.

More than 15% of full-time employees work fully remotely, and another 30% work in hybrid mode, according to the company. analysis This was announced by the Federal Reserve Bank of New York last October.

According to researchers, in 2019 the share of job listings that allowed remote work was about 4% in the US, 3% in the UK and 1% in Australia, Canada and New Zealand. This percentage, he said, will exceed 10% in all five countries by January 2023 and is still growing.

However, the authors note that remote work support is often more about administrative choices than technical constraints.

“In many professions, it is misleading to think of remote work suitability as a purely technical constraint. Instead, the intensity of remote work is the result of choices made about how jobs are designed and how organizations are run.” says the article.

Whether companies decide to explicitly advertise remote/hybrid arrangements in their job advertisements reflects the nature of the work and a myriad of other market forces, says economist and co-author at the London School of Economics and Politics. One of the researchers, Peter J. Lambert, said: Paper author.

These market forces include whether telecommuting fits into existing organizational structures, current worker preferences, and the competitiveness of finding talent in a particular market, Lambert told MarketWatch electronically. I am writing by email.

“While the pandemic has been the main shock that has driven the changes in the data we have observed, other sudden technological changes (such as the emergence of faster broadband) and regulatory changes have altered the willingness of companies to commit. There is a possibility. [work-from-home] Arrangement,” he said.

The authors of this paper hail from University College London, the University of Chicago, the London School of Economics, Harvard Business School, Stanford University, and labor market research firm Lightcast, formerly known as Emsi Burning Glass.

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