The article highlights a nationwide uptick in workplace attendance since mid-January, linked to mandates from federal authorities and corporate initiatives. Data from Kastle Systems indicates that the occupancy rate in offices has risen to 54.5%, the highest since the pandemic began. Although interest in returning to workspaces has surged, office vacancy rates remain high in major markets like Los Angeles, revealing the lasting impact of the pandemic on the office sector. As businesses adapt, recovery to pre-pandemic levels seems uncertain.
Since mid-January, there's been an uptick nationwide of people heading back to workspaces.
The Kastle Systems ' 'Back-to-Work Barometer' measures badge swipes weekly, comparing current occupancy levels with pre-pandemic levels in 10 major cities.
The weekly national average occupancy rate of 54.5% reached a post-pandemic high March 5, according to the latest available figures.
Despite renewed efforts to get workers to return, the pandemic's impact continues to linger, with vacancy rates remaining significant in key markets.
#workplace-attendance #post-pandemic-trends #office-vacancy-rates #kastle-systems #commercial-real-estate
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