Americans are trickling back to their pre-pandemic workplaces, but most offices are still largely empty. This is likely to delay the recovery of the office-adjacent economy.
Love it or hate it, commuting is good for the economy. You pay train conductors' salaries with your subway fare. The dry cleaner by the office and the coffee shop around the corner all count on workers who have been largely absent for nearly a year and a half.In 2020, the number of people working from home nearly doubled, to 42% of America's workforce, according to the Bureau of Labor Statistics.
"We certainly have the ability to bring more customers in, but our opportunity is the frequency of those customers," Starbucks CFO Rachel Ruggeri said on an earnings call.As a global coffee behemoth, Starbucks has a staying power that smaller, local coffee shops don't have.When it comes to lunch, salad chain Just Salad has reopened all of its locations and said business is picking up steadily.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Pinterest whistleblower Ifeoma Ozoma talks about why confidentiality agreements harm tech workersBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Why Apple shareholders after the earnings selloff shouldn't be too worriedApple was among big tech stocks investors sold after earnings along with Facebook, Microsoft and Amazon. The earnings power of these companies has not changed.
Read more »
Why Amelia Island Is Florida’s Hidden Travel GemLearn the secret behind this sun-and-sand local favorite.
Read more »
Why Joe Biden’s Racial Justice Agenda Is StalledSome of the biggest barriers to progress on racial justice are of the Democrats’ own making, writes zakcheneyrice
Read more »
The Pain Gap: Why Women\u2019s Pain Is UndertreatedWhen Karen was asked to rate her pain on a scale of 1-10 after surgery, she gave it a 12. Instead of adjusting her pain medication, the hospital offered paperwork. To get the care she needed & overcome the gender pain gap, Karen became her own advocate.
Read more »
Katherine Waterston on Why It’s “Important” to Denounce J.K. Rowling’s Transphobic Comments“One wondered if they might be grouped in with other people’s views by association,” the ‘Fantastic Beasts’ star explained.
Read more »