“The danger is not embracing remote work.” JOHN CHUANG / CEO, AQUENT

The U.S. is still down 11 million jobs from February and the COVID-19 pandemic has sent many of those with jobs home to work. What does the future of the labor market look like? Giants like Amazon, Facebook, and Google have gone from 15% remote to 100%. Small and mid-sized businesses are over 50%. “The one word that I would use to talk about the change in work over the last six months is breathtaking,” says John Chuang, CEO of Boston-based global workforce services firm Aquent. He points to just one benefit, the “liquidity” of labor markets: there is no longer a fixed relationship between where talent lives and where it works.

This story originally broadcast on Yahoo! Finance.

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