The workplace is changing as rapidly as the U.S. workforce. For many workers today, their physical work environment is no longer bound by in-person attendance, designated corporate headquarters, or bustling cities.
Meanwhile, the share of Americans in the workforce is shrinking, resulting in the need for employers to compete for distant talent; the cost of living is rising, spurring an urban-to-rural migration phenomenon; and many office spaces remain vacant, catalyzing an economic cascade in American cities.
The following examines the evolving dynamics of America’s workplaces and share insights on what businesses need to know.