Overview
The world has changed the way it works. The next normal for how, when, and where people work has now made a major shift to remote working. Many organizations are progressively moving toward a "hybrid" work anywhere model, meaning that a vast majority of employees will now be working partly from the main office, partly from home, and partly from a "third space."
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This is a location other than their home or office.
— Forbes, April 2021
Remote Work Market
Below are just a few of the statistics which demonstrate and forecast this shift in the work environment:
- 70% of professionals work remote at least one day a week.
- 53% of professionals work remote at least half the week.
- There are 57 million freelancers in the U.S. representing 35% of the nation’s workforce.
- 50% of the working U.S. population will turn to freelance work over the next five years.
- This trend will continue and by the year 2028 there will be 90.1 million freelancers
"Remote Work is the driving force behind the coworking industry."
- A study by Cushman and Wakefield, estimates that coworking is growing at a rate of 10-15% annually.
COVID-19 Effect
Effects of COVID-19 on the Remote Work Industry:
— Mary Kay Henry, international president of the Service Employees International Union.
— Kate Lister, president of Global Workplace Analytics
— Forbes Magazine