According to new research from JLL and labor analytics firm LightcastTech, firms have pulled back sharply on all-remote job listings this year.
The share of posts for fully remote positions declined to 18.6% in May from a post-pandemic peak of 24% last August.
Around the start of the pandemic, tech job postings and those of other office-using firms were more in line with all-remote positions, representing just under 5% of the roles posted.
That diverged with tech growing more open to remote work; office-using occupations’ remote postings peaked in October at 12.4%, roughly half the top level seen in tech, before declining to 9.7% in May, according to the data.
While many companies are shifting to hybrid work models, the declining number of job listings for remote positions suggests employers are exercising more negotiating power.
The decline in remote work across office-using industries comes as many finance executives are wrestling with how to properly size their offices and real estate costs in an era of remote work.