Bosses mean it this time: Return to the office or get a new job! — As office occupancy rates stagnate, employers are giving up on perks and turning to threats::undefined

  • errer@lemmy.worldEnglish
    451·
    10 months ago

    This is why big business and the government want a “mild” recession so badly…unemployment is below 4% right now so employees have the upper hand in a lot of things (wages, union negotiations, working from home). Push the unemployment back to 8% or so and big business is hoping the workers lose most of their leverage on these issues.

    • SirEDCaLot@lemmy.fmhy.netEnglish
      9·
      10 months ago

      I wish I could say you’re wrong and that’s tinfoil hat paranoid… but sadly maybe not.

      Right now there’s a resurgence of the workers rights and unionization movement, and low unemployment helps push that. Businesses need their employees more than the employees need their employers and the smart employers are skimming the cream of the crop.

      I don’t think federal government gives a crap but local governments in business districts are pushing return to office as hard as everyone. They see their (way overvalued) commercial office districts sitting empty, and every worker that doesn’t commute is a worker not riding the metro / buying Starbucks / buying a paper / otherwise stimulating the downtown economy.

      Smarter cities are starting to realize that their downtown property values are a fucking bubble that is not sustainable, and they’re exploring turning office space into desperately needed apartments. But that takes time and isn’t easy and it involves hosing a lot of commercial real estate developers and their investors who invested on absurd property values.

      Fact is though- real estate (especially in downtown districts) is a bubble that’s long due to be popped. There’s no valid reasons humans have to cluster together like that, the country’s more than big enough to spread people out and not have people paying through the nose for shitty apartments.