US office occupancy rates are currently hovering between 40% to 60% of their pre-pandemic level.
White-collar workers in the US who grew accustomed to working from home during the pandemic are reportedly dragging their feet on returning to their desks as compared to their hard-charging counterparts in Europe and Asia.
An occupancy rate higher than 100% indicates that some locales in Asia have a greater number of people working on site than they did before the COVID-19 pandemic began in 2019. The Journal’s report noted several international cities, including Paris, Tokyo and Seoul, have office occupancy rates that rose above 75% between 2021 and 2022.“The US has borne the brunt of this,” JLL director of city future Phil Ryan told the newspaper.
New York-based workers have an average one-way commute of 58 minutes, while white-collar staffers in Paris average 52 minutes and Hong Kong staffers average 44, according to data from Moovit Inc.
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