Chicago Local News — Remote work saved commuters 72 minutes a day that we obtained from news agencies. opinions and stunning details about the Remote work saved commuters 72 minutes a day that you have never heard before.
Remote work saved commuters 72 minutes a day
That amounts to 2.2% of a 46-hour workweek, with 40 paid hours plus six hours of commuting, the paper found. As such, the private value of the time savings is around 2.2% of after-tax earnings in the post-pandemic economy.
“Commuters strongly dislike unpredictable travel times, and automobile drivers strongly dislike congested road conditions,” the economists said. “Thus, long commutes, unpredictable commute times, and congested road conditions push the private value of time savings above the after-tax wage.” Likewise, the inverse is true.
Workers are hardly sloughing off. Businesses are the biggest beneficiaries of the travel time savings, with workers devoting 40% of their saved time toward primary and secondary…