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An Update on the Status of Remote Work from the Chicago Fed Survey of Economic Conditions
Abstract: In many ways, people's lives have returned to the way they were before the pandemic. However, the rise of remote work appears to be one lasting change. In this article, we update a Midwest Economy post from August 2021, and show that across all sectors, many firms have a higher level of remote work than before the pandemic. Our results come from the Chicago Fed Survey of Economic Conditions (CFSEC), in which we asked about remote work from July 2021 through March 2024.
Keywords: Labor and demographic economics; Economic development;
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Provider: Federal Reserve Bank of Chicago
Publication Date: 2024-05