A new report from the U.S. Bureau of Labor Statistics shows a steep dropoff in the percentage of companies allowing employees to telework. But a Stanford professor says working from home is still alive and well, despite what the government's data says.
More than 72% of firms said employees worked remotely rarely or not at all last year, according to the Labor Department's new release, up from just over 60.1% in 2021. But there's a flaw in the government's data, says Nicholas Bloom, Stanford economics professor and cofounder of the Working From Home Research Project, which has tracked remote work since the start of the COVID-19 pandemic.
