People who drive to work day in and day out have likely grown weary of hearing about the growth (and then partial reversal) of working from home. The rising costs of their commute no doubt add insult to injury. The share of people working from home increased dramatically in 2020 and remains higher now than...
People who drive to work day in and day out have likely grown weary of hearing about the growth of working from home. The rising costs of their commute no doubt add insult to injury.
In-person workers are less likely to be high earners. Jobs in lower-earning service and manufacturing industries can’t be done remotely like those in many tech and professional fields. Lower relative wages make increased commuting costs tough to handle . That said, more than 124 million Americans commuted in 2022, accounting for 77% of workers. Though some remote workers are being called back to the office, it’s widely believed that working from home will remain more common now than it was before 2020. Even so, commuters will long outnumber telecommuters.
The costs of owning a vehicle grew at a double-digit rate every month from April 2021 to November 2022, according to this NerdWallet Vehicle Ownership Costs Index. That growth has slowed in 2023, but fuel prices continue to hold it aloft. Ownership inflation was 11% in September. And since 2019, the costs — including gas, repairs and maintenance, parking, insurance and licensing costs — have risen 35%.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Washington Post hardcover bestsellersA snapshot of popular books.
Read more »
Today Only: Aventon Level Commuter E-Bike Is On Sale For Just $999For today only, Aventon is offering its first-generation Level e-bikes for just $999, down from the list price of $1,599.
Read more »
Metra 2024 fare plan: Commuter rail proposes nixing 10-ride ticket, reducing zones from 10 to 4Metra on Wednesday took the first official step toward overhauling its fare structure.
Read more »
Metra proposes new set of fares in 2024 budgetThe budget comes as the commuter rail service’s ridership remains below pre-pandemic levels, with many white-collar workers continuing to work from home.
Read more »
3 questions for NYC's subway agency on how climate change threatens the systemWhen New York City received a record-high rainfall of 6 to 8 inches on Sept. 29, much of the city's mass transit system ground to a halt. Service on about half of all subway lines and several suburban commuter train lines was at least partially suspended.
Read more »
3 questions for NYC's subway agency on how climate change threatens the systemWhen New York City received a record-high rainfall of 6 to 8 inches on Sept. 29, much of the city's mass transit system ground to a halt. Service on about half of all subway lines and several suburban commuter train lines was at least partially suspended.
Read more »