Despite layoffs and recession fears, offices are still mostly empty

By Matthew Boyle
Published 2 Min Read

Courtesy of Craig Adderly from Pexels

Many offices in the nation’s biggest cities are still less than half full, more than a month after employers ramped up campaigns to cajole or compel workers back to their desks more often.

The 10-city average occupancy rate for the week ended Oct. 19 was 47.9%, according to security firm Kastle Systems, while New York came in slightly under that at 46.5%. Both figures were below the previous week’s tally, but those numbers were inflated as Kastle didn’t include data for the federal holiday that fell on Monday, Oct. 10. Monday is a popular day to work from home, so excluding it resulted in a boost for the resulting four-day week ended Oct. 12, a Kastle representative said.

Matthew Boyle
From Bloomberg News

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