202127 Jul

Future of Remote Work in a Post-COVID World

Summary

A recent FlexJobs report, for example, recommends workers develop their technological knowledge, online proficiency, and ability to work with other cultures and time zones. In response to the changing job market, some community colleges are offering coding certificate programs introducing students to HTML, CSS, and JavaScript. An article from Brookings found that, of the millions who relocated from coastal “superstar” metro areas, less than 1% moved to the Heartland and Mountain states. New York City has also lost hundreds of small businesses over the COVID lockdown, and many of those that remain face an extraordinary amount of debt. Economist James Parrott estimates that a 10% loss of Manhattan office workers means 100,000 fewer people for the local economy.

Source: Economicmodeling

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