New York goes remote: the number of remote vacancies in the city has increased dramatically

In 2021, there were nearly four times as many remote jobs in New York City as they were a year earlier. This is evidenced by data from the analytical firm Emsi Burning Glass. New York Post.

At the beginning of 2020, 6 out of 700 vacancies in the city were removed (163% of the total). In December 000, 4 out of 2021 vacancies (25%) provided for remote work. The largest jump in remote positions was in the areas of administrative, information and financial services.

Remote work allows employees to work from anywhere in the world, which has resulted in a strong impact on the city's business district. Fewer office jobs in Manhattan's business districts mean fewer patrons at restaurants and pubs in that part of the city, which could lead to jobs being cut or even closed. In addition, out-of-state remote workers could cost New York City hundreds of millions of dollars in lost tax revenue.

A survey conducted in November showed that just 28% of Manhattan company workers returned to work in offices, meaning most of them were still working remotely, 18 months after the start of the pandemic. And employees don't really want to go back to their offices. According to a recent survey by Morning Consult, 55% of working-from-home respondents said they would quit their jobs if forced to return to the office before they decide it's safe.

On the other hand, working from home has saved New Yorkers thousands of dollars they spent on commuting to the office and dining out in the city.

This situation is not limited to New York.

The growth of remote vacancies is observed not only in New York, but also in the US as a whole. Surveys and studies by labor tracking firms predict that by 2025, between 36 and 41 million Americans will be working remotely, more than double the 16,8 million who were in the US before the pandemic.

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Today, one in six people who work remotely hold a managerial position. The National Bureau of Economic Research has concluded that 37% of jobs in the United States can be fully telecommuted without loss of efficiency. These are white-collar occupations that typically pay better than jobs that can't be done remotely, and account for almost half of total wages in the US.

Most positions in finance, IT, corporate governance, professional and scientific services can be transferred to remote work. However, only very few professions in agriculture, hotels and restaurants or retail can be telecommuted.

A Goodhire survey found that 85% of Americans prefer to apply for jobs that offer remote work or hybrid options over positions that require full-time office work. Six out of ten respondents said they were willing to accept pay cuts in order to work remotely. The vast majority of those surveyed said they believe companies that do not offer remote work opportunities will lose core talent and have difficulty attracting new employees.