More people want to work from home, but remote job offers are dwindling

The appeal of working from home is on the rise even as remote job postings are down, according to new data from LinkedIn.

In February 2022, a record one in five jobs advertised on the site in the United States offered remote work. By September, that figure had fallen to just 14%. Meanwhile, the appeal of these opportunities has only grown: remote job postings attract 52% of applications, up from 50% in February.

That preference has crystallized even as hiring cools after months of all-time highs, according to LinkedIn’s analysis of data in 14 countries. While the labor market is still tight and employees continue to exert influence in negotiations over wages, benefits and flexibility, LinkedIn Chief Economist Karin Kimbrough said in the report that ” this balance of power should begin to stabilize in the coming months”.

While the share of American employees working from home slowly increased before Covid-19, the pandemic accelerated this trend by about 30 years, according to a study by Stanford University professor Nick Bloom, professor of the Instituto Tecnológico Autónomo de México Jose Maria Barrero and Steven Davis University, Chicago Research Associate.

Those patterns have leveled off, the researchers found, with about 15% of all Americans working entirely remotely, 30% maintaining hybrid schedules, and about 55% working full-time in person. But for those who can work remotely, the number of work-from-home days employers are willing to offer is on average lower than employees would like.

Data shows that workers continue to value flexibility and work-life balance even as the economic outlook darkens, said Jennifer Shapley, LinkedIn’s vice president of global talent acquisition, in The report. An analysis by the Federal Reserve Bank of New York last week found that collectively, working from home saves Americans 60 million hours of commuting time each day, which is instead spent caring for children , cooking, cleaning, exercising, going out or just having fun. extra sleep.

And according to Shapley, the trend continues: “I expect these two attributes to remain the top talent drivers for years to come.”

This story was published from a news feed with no text edits.

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