Impact of Remote Work on Wages in Nevada’s Labor Force
Mentor: [Djeto Assane]
Description
Remote Work Evolution and COVID-19 ● In 2019, 7% of full paid workdays were done remotely. During the pandemic, that number substantially grew to 60%, and by 2023 it shrunk down to 28%. Elements of remote work have even spread to multiple industries such as healthcare, finance, and education (Barrero et al., 2023). ● Direct relationship between self-perceived job performance and remote work productivity. However, living with children under 18 negatively impacts remote work engagement and productivity (Toscano & Zappalá, 2021). ● Remote work can be associated with increases in Total Factor Productivity (TFP). Between 2019 and 2021, a 1% increase in the share of remote workers was associated with a 0.08% increase in TFP growth (Pabilonia & Redmond, 2024). ● Employment loss in STEM was noticeably lower during the pandemic compared to other fields. The greater feasibility of remote working within STEM occupations compared to other fields may have contributed to this result (Davis et al., 2021).