Skip to main content

Work From Home? You're Not Alone

Stanford study shows how the U.S. economy is adapting to change.
  • Study is from Stanford's Institute for Economic Policy Research 
  • 42% of U.S. workers are currently working from home (WFH)
  • Those workers account for two-thirds of U.S. economic activity

Workers in the U.S. have rapidly adapted to changes brought on by the Covid-19 pandemic. According to a recent study, titled "How Working From Home Works Out", some of the changes it has brought on are likely to become permanent. 

Here are a few of the facts presented in the study:

Only one-third of those working from home are able to achieve 100% efficiency. Another 30% say they cannot do their jobs at home. This means that at least one-third of the WFH workforce is hampered due to a lack of efficiency. 

figure 2

Nearly 50% of the WFH workforce is using a designated room that is not their bedroom. 26% are working from their bedroom, and another 24% are working in a shared room. 

figure 3

The average WFH worker tends to be better-educated and have a higher than average income. 57.8% have a college degree, and 60% are in the highest 25% of income.

figure 4

What conclusions can we draw from this information?

Since many companies are moving to WFH on a semi-permanent or permanent basis, a home office will become a necessity for many in the workforce. This should generate demand for larger homes. 

WFH doesn't need to happen in a specific location, but it does require fast, dependable internet service. Availability of broadband in all parts of the country should now become a priority.