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US & UK Workers Among Least Eager to Return to the Office

Source: https://huq.io/indicators/us-uk-workers-among-least-eager-to-return-to-the-office/

Office workers in the US and UK have been among the most reluctant of nations to return to working from their offices, as Huq’s geo-data reveals office attendance across these two countries has yet to surpass 20% of what it was prior to the pandemic.

This slow progress in office attendance stands in contrast to other countries in Europe, where both France and Spain for example have seen significantly more office attendance over the last month.

With presence across office environments dropping to near-zero at the height of lockdown, Spain has seen some of the highest levels of recovery versus pre-lockdown levels in recent weeks achieving around 50%, followed by France with 45%.

While the UK and US has seen office attendance start to resume its regular weekly cadence, peaking Monday-to-Friday, the return to the office in these two countries has been far from enthusiastic.

Interestingly, countries that appear to have resumed office attendance at a faster pace have also reported less damage to their economic growth – with Spain and France’s economy shrinking by less than the UK and US. There is much speculation as to the reasons why UK and US GDP is down more than in other countries but the relationship is clear.

However, with Spain and France both seeing concerning increases in new infection rates, reflected by recent geo-data showing a decrease in office attendance for these countries, could a less cautious approach in the last few months risk a greater economic headache in the longer term?

To learn more about the data behind this article and what Huq has to offer, visit https://huq.io/.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

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Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us