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Dine In While Ordering Out? Remote Work Is Rising In Unexpected Industries

Allwork

The adoption of remote work , once limited to specific industries, is now gaining traction across more diverse types of work. The remote work trend is even catching up to the restaurant industry. However, the transition to remote work also requires a reevaluation of work practices and policies.

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Remote Work Could Decrease Office Tenant Demand By 10% In New York

Allwork

Despite many companies making their return to the office over the last several months, vacancy rates across some of the world’s largest cities continue to climb as flexible policies take precedence. . There’s no part of the world that is untouched by the growth of hybrid working,” said Richard Barkham, global chief economist at CBRE. .

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The Pandemic Has Impacted Downtown Areas Across the U.S.

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This trend has impacted the commercial real estate industry. Additionally, businesses in these metro areas that rely on the influx of weekday office workers, such as restaurants and shops, have felt the economic impacts as well. However, there are signs of recovery, with more workers gradually returning to the office.

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Academic Study Measures the Pandemic's Impact on Small Businesses

Small Business Labs

The Effects of the Coronavirus on Hours of Work in Small Businesses , from Yale's Tobin Center for Economic Policy, shows the pandemic's dramatic and ongoing impact on small businesses.    Hours worked since then have recovered, but as of early June were still 35.9% below pre-pandemic levels.

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Are Digital Nomads Catalysts For Growth Or A Hazard To Locals?

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This recent wave of digital nomads is thanks to Spain’s new Digital Nomad Visa program , launched in February. The booming tourism industry and surge in digital nomads flocking to Greece has also had a noticeable effect on the country’s real estate market.

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MIT Economists on the Impact of COVID-19 on Labor Markets

Small Business Labs

This will likely result in leaner staffing in retail stores, restaurants, factories, and other places where companies have invested in labor-saving automation systems. The essay ends on a positive note explaining that policy interventions at the federal, state and local levels could limit the negative impacts. 

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Food Delivery Continues to Boom

Small Business Labs

It's been an interesting couple of weeks in the food delivery industry.    Controversy swirled around grocery delivery company Instacart and their policy on tipping, witch many called wage theft.   The furor over tipping overshadowed a lot of news showing that the food delivery industry continues to boom.