Why remote work is a big problem for the economy

Love it or hate it, commuting is good for the economy. You pay train conductors' salaries with your subway fare. The dry cleaner by the office and the coffee shop around the corner all count on workers who have been largely absent for nearly a year and a half.In 2020, the number of people working from home nearly doubled, to 42% of America's workforce, according to the Bureau of Labor Statistics.

"We certainly have the ability to bring more customers in, but our opportunity is the frequency of those customers," Starbucks CFO Rachel Ruggeri said on an earnings call.As a global coffee behemoth, Starbucks has a staying power that smaller, local coffee shops don't have.When it comes to lunch, salad chain Just Salad has reopened all of its locations and said business is picking up steadily.

It's obvious this isn't anything you care about. Children. To busy protecting predator protectors. I'm talking about Chris Cuomo. I know you're not that great on background. What happened to the staffers who had journalistic integrity?

My company went remote in March 2020 and doesn't look like we're going back to the office

Mmmlm

This piece is a vacuous hit on remote work with no acknowledgement of the overwhelming positives. I’ve been working with two teams since we went 100% remote last year and both have INCREASED productivity, efficiency, AND collaboration since going remote. We still spend money too!

Well... maybe a better “economic” indicator should be individual well being? Happiness? Instead of grossly evaded-taxes-engineered P&L ? Or GDP? When the earnings concentrate on a very few hands? So if workers get SOMETHINGit is “bad for th economy”? Nah! workfromhome

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Former Pinterest whistleblower Ifeoma Ozoma talks about why confidentiality agreements harm tech workersBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. this is terrible news
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why Apple shareholders after the earnings selloff shouldn't be too worriedApple was among big tech stocks investors sold after earnings along with Facebook, Microsoft and Amazon. The earnings power of these companies has not changed.
Source: CNBC - 🏆 12. / 72 Read more »

Why Amelia Island Is Florida’s Hidden Travel GemLearn the secret behind this sun-and-sand local favorite.
Source: Forbes - 🏆 394. / 53 Read more »

Why Joe Biden’s Racial Justice Agenda Is StalledSome of the biggest barriers to progress on racial justice are of the Democrats’ own making, writes zakcheneyrice zakcheneyrice Racial justice is a contradiction in terms. Justice is meant to be blind. You start adjusting it with race as a consideration, it's no longer justice. zakcheneyrice BECAUSE HE'S A PROVEN RACIST. You don't hire a wolf to herd your sheep.
Source: NYMag - 🏆 111. / 63 Read more »

The Pain Gap: Why Women\u2019s Pain Is UndertreatedWhen Karen was asked to rate her pain on a scale of 1-10 after surgery, she gave it a 12. Instead of adjusting her pain medication, the hospital offered paperwork. To get the care she needed & overcome the gender pain gap, Karen became her own advocate.
Source: HealthyWomen - 🏆 29. / 68 Read more »

Katherine Waterston on Why It’s “Important” to Denounce J.K. Rowling’s Transphobic Comments“One wondered if they might be grouped in with other people’s views by association,” the ‘Fantastic Beasts’ star explained. I'm scared....Mike You put your quote marks around the wrong bit. Stop spreading this idiotism. She shared her opinion, actress shared hers, I hope actress ' opinion is truly her own, not coz it's what other telling now.
Source: VanityFair - 🏆 391. / 55 Read more »