Say It Ain’t So: Remote Work Is, In Fact, Boosting Economic Growth, Labor Market Participation, Acknowledges BlackRock’s Rick Rieder – BlackRock (NYSE:BLK)
by EchoInTheHoller
Say It Ain’t So: Remote Work Is, In Fact, Boosting Economic Growth, Labor Market Participation, Acknowledges BlackRock’s Rick Rieder – BlackRock (NYSE:BLK)
by EchoInTheHoller
2 comments
It gave people a chance to enter the workforce where they would otherwise have been unable. It made it such that people needing to work virtually before the pandemic for reasons such as disability were still included in meetings and still had fair access to collaboration. It made it such that you didn’t need a car or capability to drive one to get a job to pay for a car. Better still, it got a lot of high pollution, dangerous traffic off of roads. It put subtitles and ability to turn camera on or off on all meetings. I cannot stress enough how helpful that is for disability accommodation. It reduced harassment, petty office politics, and mandatory “fun” activities requiring stressful masking. It made it such that the office wasn’t the biggest stressor in one’s job. This positive change should have stuck, and it is very upsetting to see it walked back to preserve a commercial real estate market that could be eliminated or repurposed for good.
This is bad news for big urban centers with high taxes and progressive leaders who’ve created and nurtured intractable social problems.