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Persistent link: https://www.econbiz.de/10014546338
Two extraordinary U.S. labor market developments facilitated the sharp disinflation in 2022-23 without raising the unemployment rate. First, pandemic-driven infection worries and social distancing intentions caused a sizable drag on labor force participation that began to reverse in the first...
Persistent link: https://www.econbiz.de/10014576613
The COVID-19 pandemic instigated a big shift in working arrangements. I first describe the scale of this shift in the United States, drawing on the Survey of Working Arrangements and Attitudes and other sources. I then review differences, circa 2023, in work-from-home rates across industries,...
Persistent link: https://www.econbiz.de/10014520386
The COVID-19 pandemic instigated a big shift in working arrangements. I first describe the scale of this shift in the United States, drawing on the Survey of Working Arrangements and Attitudes and other sources. I then review differences, circa 2023, in work-from-home rates across industries,...
Persistent link: https://www.econbiz.de/10014528401
Persistent link: https://www.econbiz.de/10014531478
Persistent link: https://www.econbiz.de/10014531519
Two extraordinary U.S. labor market developments facilitated the sharp disinflation in 2022-23 without raising the unemployment rate. First, pandemic-driven infection worries and social distancing intentions caused a sizable drag on labor force participation that began to reverse in the first...
Persistent link: https://www.econbiz.de/10014550371
The recent shift to remote work raised the amenity value of employment. As compensation adjusts to share the amenity-value gains with employers, wage-growth pressures moderate. We find empirical support for this mechanism in the wage-setting behavior of US employers, and we develop novel survey...
Persistent link: https://www.econbiz.de/10014278413
Most workers were favorably surprised by their productivity in work from home (WFH) mode during the pandemic. Employer plans for WFH levels after the pandemic rise strongly with these individual-level productivity surprises. Planned WFH levels also rise with the cumulative stringency of...
Persistent link: https://www.econbiz.de/10014290936
How prevalent is remote work on a global scale? What are the prevailing modes of working arrangements at present? What are the foremost advantages of working from home and on employer's business premises? Is there a need for policy intervention? Our new Global Survey of Working Arrangements...
Persistent link: https://www.econbiz.de/10014337307