While many companies are now allowing or enforcing work from home policies, a new study by YouGov found that more than half of Americans have never done so.
Of the 1,075 respondents polled by YouGov exclusively for Cheddar on Monday, 54 percent said they had never worked from home prior to March 1. Around 41 percent said they had, and 5 percent said they have never worked.
YouGov had not previously polled on this question before so there isn’t a one-to-one comparison, but numbers from the U.S. Bureau of Labor Statistics suggest that remote work has not been a common practice.
Last year BLS found that about 26 million Americans work remotely in some capacity, which is just 16 percent of the total workforce.
The novel coronavirus outbreak has caused many countries to shut down, and cities to slow down. And the YouGov study shows there is a greater likelihood of those living in denser areas to report working from home.
According to the survey, 28 percent of respondents said they are currently working from home — with
When examined by age, a greater percentage of millennials (40 percent) say they are working from home compared to Gen X (29 percent) and Boomers (13 percent).
The last big question about working from home is productivity — and the most number of people said they feel equally as productive at home (29 percent) compared to those who say they are more productive at the office (25 percent). The fewest number of people (20 percent) say they are more productive at home.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
