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Working from home is powering productivity
A fivefold increase in remote work since the pandemic could boost economic growth and bring wider benefits
Other studies found large positive impacts, typically in more self-directed activities, such as call center or data entry work with well-managed firms. Recent studies of work discrimination and reallocation highlight how expanding labor markets to a wider pool of potential employees can have massive productivity benefits. Although this represents a loss of valuation for investors in the office sector, the release of city center space for residential use will in the long run make downtown living more affordable.
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