Jobs
Fact Check Team: Decline in remote and hybrid job opportunities for high earners
WASHINGTON (TND) — New research shows a significant decrease in remote and hybrid job opportunities for high-wage earners. According to Ladders, a website specializing in high-paying jobs, remote job opportunities paying at least $250,000 a year have declined by 60%, while hybrid jobs for the same salary range have plummeted by 95%.
This trend is not limited to high-income positions. LinkedIn reports that the demand for remote jobs far exceeds the supply, with twice the number of applications for remote positions compared to the available jobs. Additionally, remote job postings have decreased by 23% from the previous year.
Overall, the number of Americans working remotely has also declined. Last year, 12.2% of U.S. workers were fully remote, down from over 14% the previous year, according to B2B Reviews. The survey also found that more than 28% of workers were on hybrid schedules, working remotely at least some of the time. Both remote and hybrid job opportunities have been gradually declining since 2020.
Despite the decline in remote work opportunities, a majority of workers still prefer remote and hybrid work arrangements. Research from Upwork shows that 65% of workers want to be fully remote, while 32% prefer a hybrid work schedule. Looking to the future, Upwork estimates that over 32.6 million Americans, or about 22% of the workforce, are expected to be working remotely by 2025. This number is projected to grow as technology advances, potentially increasing remote and hybrid opportunities.