The Donut Effect: How the Pandemic Hollowed Out America’s Biggest Cities

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The Donut Effect: How the Pandemic Hollowed Out America’s Biggest Cities
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During the first two years of the pandemic, Americans really did flee to the suburbs.

Full Stack EconomicsBefore the pandemic, the vast majority of jobs required workers to come into an office every day. The pandemic forced a sudden and dramatic change, as most white collar workers were not just allowed but required to work from home. Some workers moved to another part of the country to save money, enjoy more outdoor amenities, or be closer to family.Most employers viewed this as a temporary expedient.

“I think we’re heading toward one out of five jobs being fully remote,” Ozimek told me in a phone interview. While 20 percent of jobs might not seem like very many, it’s important to remember that are capable of being done remotely. So Ozimek is predicting that about half of the white collar jobs that can be done remotely will be.This would have dramatic implications for the future of American cities. White-collar jobs tend to pay more than other jobs. So if remote work catches on at the scale Ozimek predicts, millions of affluent professionals will have the option to live outside the major metropolitan areas where they live today.

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