Office occupancy hits pandemic high - Rava Realty

Office occupancy hits pandemic high

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There have never been more office employees going into offices across the United States since the onset of the pandemic, but the in-office population is still less than half of pre-pandemic levels.

A record number of employees were back at the office for the week of March 30, according to Kastle Systems’ “Back to Work Barometer”. While that’s positive news for the office market, the level marked only 42 percent of pre-pandemic levels.

The share of workers back in the office was the highest in around three months, prior to the surge of the omicron coronavirus variant. Kastle Systems measures about 2,600 buildings in 10 major markets for its barometer.

Before the pandemiconly about 4 percent of employees in the United States worked exclusively from home. By May 2020, that figure had jumped to 43 percent.

(source: therealdeal.com)

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