eolesen wrote: ↑Fri Jun 02, 2023 7:43 am Not sure what the fascination with the unemployment rate is when discussing knowledge workers. Those are the ones who are never coming back to the cities, and the ones most likely to live further out.Does the unemployment rate not include them?
My point is that people can say whatever they want on a survey, yet the numbers on the ground don't show any kind of mass exit from the job market "just because my boss told me to come to the office".
They might be coming into the office only 3 days a week, and it's possible that some companies are still being lenient about the return. But let's not pretend like all knowledge workers are now working from home and will continue to do so forever. Those are simply not the facts on the ground.
Today's 8.25 LIRR arrival into NYP had no empty seats and that's even with some of the worst air quality NYC has seen in recent history.