Millions of Americans stopped working from home in 2022, according to a new report from the Labor Department.
The agency said about 72 percent of private-sector reported little to no telework among employees between August and September. That is compared to about 60 percent in roughly the same period in 2021. Prior to the pandemic, 76.7 percent of companies reported little to no remote work.
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The U.S. added 142,000 jobs in August, below expectations. The unemployment rate fell to 4.2%. The cooling job market raises chances for an interest rate cut.
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