Work-from-home: poisoned chalice?
WORK FROM HOME :Poisoned chalice? The Covid-19 pandemic caused many people to make changes to their lives. One such change was to the workplace, the ability to remotely work had been viable in the years before the pandemic but the additional constraint of lock-downs finally drove adoption to many jobs. Jose Barro, Nick Bloom, and Steven Davis paper estimated that 20 percent of full workdays will be provided from home after the pandemic compared to 5 percent before the pandemic. They also estimated that spending in major city centers will decrease 5-10 percent. Some workers will also move from urban Megalopolises to smaller towns and cities with lower costs of living. That brings me to the article I chose for the first blog assignment. Bloomberg The article by Bloomberg reporter Charlie Wells interviews a few workers who made the move to lower cost-of living areas hoping to capitalize on their earning higher salaries working for large tech corporatio...