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Share of U.S. Super Commuters Has Surged Since 2020

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For super-commuters, defined as commutes over 75 miles, the share has grown by nearly 33% since 2020. The researchers, economists Nick Bloom and Alex Finan, revealed that a typical trip for a super-commuter takes 2 hours and 20 minutes and the daily back and forth between work and home is reported to be around 5 hours.

2020 279
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Quit Rates Have Dropped 11% As Workers Cling To Their Jobs

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This represents the slowest rate of job departures since 2020, according to The Wall Street Journal. According to Labor Department data, the number of quits dropped 11% compared to 2023 and plummeted 22% from a peak in 2022. While the U.S. job market remains strong, hiring activity has slowed down.

2022 264
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Global CEO Departures Reach Record High In 2024

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They drove out 27 CEOs last year, nearly treble the number in 2020, the firm said, citing Barclays data. Some of these pressures are particularly high in technology, where the sector is experiencing profound change due to developments such as generative AI, the report said. Activist investors have played a major role.

2024 276
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Allstate Offers Flexible Workspaces Via LiquidSpace For 54,000 Employees

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According to the Insurance Journal , Allstate has cut its corporate office spending from $382 million in 2020 to $138 million in 2024, signaling a clear departure from pre-pandemic office norms. “We’re building something new,” said Lauren DeYoung, Allstate’s “workplace futurist” leading the company’s workplace transition.

2020 278
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CBRE Acquires Industrious For $400M, Launches Building Operations & Experience Branch

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Since 2020, CBRE has held a 40% stake in Industrious, along with a $100 million convertible note. This new unit will integrate building operations, workplace experience, and property management, positioning CBRE to better offer future-ready solutions for offices, data centers, and other facilities.

2025 279
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One-Third Of Companies Now Demand Full-Time In-Office Work

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Since mid-2020, approximately 209 million square feet of office space has been vacated, the highest level in recent history. While signs of stabilization are emerging, challenges persist. The vacancy rate for office spaces hovers near a record 13.8%, a significant increase from 9.4% in late 2019.

2013 290
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“Divisive” Tops 2024 Word Of The Year As Workplace Tensions Escalate

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Walmart , the worlds largest retailer, responded to pressure from some conservative activists like Robby Starbuck , and shortly after the election confirmed that they wouldnt renew its five-year commitment to the racial equity center they developed in 2020.

2024 246