Office workers appear to be voting with their feet on return-to-office mandates from their employers, with at least one leading indicator pointing to a strong majority in favor of hybrid or remote work options.
Kastle's weekly 10-city average of office occupancy, which had surged from 40% in March to 43.1% on April 6, gave back all of these recent gains in this week's report, which showed the Back to Work Barometer average sagging to 40.5%.
The 40.5% 10-city average is 2.3% lower than the 42.8% occupancy level Kastle reported last week.
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