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In 2021, these counties saw population growth fall substantially compared to pre-pandemic rates, but did not experience an outright decline in population. In 2022, growth rates bounced back to 0.46% from 0.25% in 2021, adding 233,000 people in the last year—close to small urban counties’ growth of 0.56% in 2019. Still, there are still more job seekers looking for remote work than employers will supply, according to October 2022 data from LinkedIn. It’s unclear who will win, but with unemployment at record lows, employers may need to bend to worker demand for flexibility.
Across all industries, the number of people who were without jobs for a short period of time (less than 5 weeks) increased by 343,000 to 2.3 million in February, offsetting a decrease in the prior month. The number of long-term unemployed (those jobless for 27 weeks or more), changed little in February and accounted for 17.6% of the total unemployed or 1.1 million people. While big tech firms such as Google and Microsoft may be letting workers go, the layoffs aren't dominated by IT talent. Most of the layoffs are occurring on the business side of the corporate world.
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The study found that companies that allow remote work have 25% lower employee turnover than those that don’t. In recent years, remote work has become an increasingly popular and viable option for employees and employers. The COVID-19 pandemic accelerated https://remotemode.net/blog/breaking-down-2021-2022-remote-work-statistics/ the adoption of remote work, transforming it from a growing trend to a widely accepted work mode. Approximately 56% of full-time employees in the U.S. — more than 70 million workers — say their job can be done working remotely from home.
- And 9% answered “at my company we can work remotely a certain number of days per week/month.
- The good news is that employers have already recognized the importance of employee mental health and well-being in the workplace.
- The three-month moving average of IT job market growth went negative with a trend line that shows a further decay in IT job market growth.
- Buffer’s 2022 report revealed that 63% of employees said their companies offer flexible work.
- A report by McKinsey found that remote work can improve collaboration among team members, with 96% of remote workers reporting that collaboration was not negatively impacted by working remotely.
However, the same survey found that 49% of Gen Zs and 45% of Millennials currently have the option to work remotely at least some of the time. According to Deloitte’s survey — based on the responses of 23,220 participants from 46 countries — 75% of Gen Zs and 76% of Millennials would prefer a hybrid or remote work arrangement. However, today’s workforce mainly consists of Millennials and Gen Zs, whose diverse people-oriented and socially-responsible world views are making companies reevaluate how they do business. In contrast, women report working the same hours as they did when working in the office.
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In all, urban counties of all types captured nearly two-thirds of the 635,000 net increase in international migration between 2021 and 2022. Suburban counties benefitted in part, nearly tripling their net immigration rate from 64,000 to 170,000. Exurban and suburban counties continued to grow the fastest in 2022 after seeing major influxes of domestic migration during the early pandemic era. These counties grew by another 832,000 in 2022 after adding 931,000 people in 2021, amounting to a 0.93% jump from 2021. Of the businesses that survived, many still have not fully recovered from the effects of the pandemic.
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