Rethinking the Office

Tom Barkin

Speech from Federal Reserve Bank of Richmond

Abstract: Before the pandemic, the office was a core feature of modern life. It was prominent in the skyscraper architecture of downtowns, and in the professional attire sections of department stores. And it dominated popular culture, not only in the namesake TV show "The Office," but in the countless shows and movies centered around the workplace, from "The Mary Tyler Moore Show" to "The Devil Wears Prada." We have now had a two-year experiment with a different, home-based model. As we emerge from the pandemic era, some are abandoning offices altogether. Others are trying to make a full return to pre-pandemic normal. Many of us are in the middle, trying to define and operate a new hybrid model that embraces the flexibility of remote work while reintroducing the features we missed from in-person work.

Keywords: employment and labor markets; production and investment (search for similar items in EconPapers)
Date: 2022-05-26
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