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The old normal: Work-from-home rates are dropping... in some states more than others

The old normal: Work-from-home rates are dropping... in some states more than others

The old normal?

Nature is healing... at least from the perspective of employers looking to push return-to-office mandates. The share of Americans working from home has fallen below 26% according to new Census data, the lowest level since the pandemic began.

At the peak of the WFH boom in March 2021, some 37% of us were logging on remotely at least once a week, as employees settled into routine Zoom meetings and workdays without the commute. By comparison, there are now only 7 states in the US where more than a third of the workforce have weekly work-from-home days.

The overall figures mask a serious regional deviation: just 13% of people surveyed in Wyoming reported anyone working from home in their household, while their neighbors to the south in Colorado reported nearly triple the rate — similar to the more densely populated states of the North East.

Despite the new Census data, questions being raised about the productivity of remote workers, and an ever-growing cacophony of calls to return to the office from companies across the US, there’s still a lot of debate around the pandemic-born trend. Only 2 days ago, for example, a Stanford economics professor argued that remote work is “here to stay” and declared the 5-day office work week “dead” in an opinion piece for the NYT.

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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