Datastream
The Top Struggles of Remote Workers
The Briefing
- The top challenge remote workers face is unplugging from work, followed by loneliness, and communicating with coworkers.
- Despite these challenges, 98% of remote workers wish to continue working remotely, at least some of the time.
The Top Struggles of Remote Workers
Unplugging from work can be challenging at the best of times.
But when your living room doubles as your office, it can be even harder–at least that’s the case for 22% of remote workers.
Thanks to the global pandemic, millions of workers have been sent home to work at a safe distance. While many remote workers enjoy the flexibility that comes with remote work, it doesn’t come without its drawbacks.
Here’s a ranking of the top struggles that remote workers face, according to a recent report by Buffer and AngelList:
| Rank | Challenge | % of Respondents |
|---|---|---|
| 1 | Unplugging from work | 22% |
| 2 | Loneliness | 19% |
| 3 | Collaborating and/or communicating | 17% |
| 4 | Distractions at home | 10% |
| 5 | Different time zones from team | 8% |
| 6 | Staying motivated | 8% |
| 7 | Taking vacation time | 7% |
| 8 | Reliable WiFi | 3% |
The report also found that only 15% of employers paid the cost of home internet, and 21% covered the cost of a phone plan in a work-from-home situation. However, with this type of arrangement still being relatively new for most, these perks could evolve over time.
Despite the various challenges involved, 98% of remote workers would like to continue working remotely, at least some of the time, for the rest of their careers.
In short—while remote work poses its own set of struggles, the benefits outweigh the cons.
»For a more in-depth look at the topic of remote work, visit: How People and Companies Feel About Working Remotely.
Where does this data come from?
Source: The State of Remote Work Report, from Buffer and AngelList
Details: Survey results from 3,500 remote workers from across the globe.
Notes: This report was published in February of 2020 and the data was collected in November of 2019.
Economy
Charted: Public Trust in the Federal Reserve
Public trust in the Federal Reserve chair has hit its lowest point in 20 years. Get the details in this infographic.
The Briefing
- Gallup conducts an annual poll to gauge the U.S. public’s trust in the Federal Reserve
- After rising during the COVID-19 pandemic, public trust has fallen to a 20-year low
Charted: Public Trust in the Federal Reserve
Each year, Gallup conducts a survey of American adults on various economic topics, including the country’s central bank, the Federal Reserve.
More specifically, respondents are asked how much confidence they have in the current Fed chairman to do or recommend the right thing for the U.S. economy. We’ve visualized these results from 2001 to 2023 to see how confidence levels have changed over time.
Methodology and Results
The data used in this infographic is also listed in the table below. Percentages reflect the share of respondents that have either a “great deal” or “fair amount” of confidence.
| Year | Fed chair | % Great deal or Fair amount |
|---|---|---|
| 2023 | Jerome Powell | 36% |
| 2022 | Jerome Powell | 43% |
| 2021 | Jerome Powell | 55% |
| 2020 | Jerome Powell | 58% |
| 2019 | Jerome Powell | 50% |
| 2018 | Jerome Powell | 45% |
| 2017 | Janet Yellen | 45% |
| 2016 | Janet Yellen | 38% |
| 2015 | Janet Yellen | 42% |
| 2014 | Janet Yellen | 37% |
| 2013 | Ben Bernanke | 42% |
| 2012 | Ben Bernanke | 39% |
| 2011 | Ben Bernanke | 41% |
| 2010 | Ben Bernanke | 44% |
| 2009 | Ben Bernanke | 49% |
| 2008 | Ben Bernanke | 47% |
| 2007 | Ben Bernanke | 50% |
| 2006 | Ben Bernanke | 41% |
| 2005 | Alan Greenspan | 56% |
| 2004 | Alan Greenspan | 61% |
| 2003 | Alan Greenspan | 65% |
| 2002 | Alan Greenspan | 69% |
| 2001 | Alan Greenspan | 74% |
Data for 2023 collected April 3-25, with this statement put to respondents: “Please tell me how much confidence you have [in the Fed chair] to recommend the right thing for the economy.”
We can see that trust in the Federal Reserve has fluctuated significantly in recent years.
For example, under Alan Greenspan, trust was initially high due to the relative stability of the economy. The burst of the dotcom bubble—which some attribute to Greenspan’s easy credit policies—resulted in a sharp decline.
On the flip side, public confidence spiked during the COVID-19 pandemic. This was likely due to Jerome Powell’s decisive actions to provide support to the U.S. economy throughout the crisis.
Measures implemented by the Fed include bringing interest rates to near zero, quantitative easing (buying government bonds with newly-printed money), and emergency lending programs to businesses.
Confidence Now on the Decline
After peaking at 58%, those with a “great deal” or “fair amount” of trust in the Fed chair have tumbled to 36%, the lowest number in 20 years.
This is likely due to Powell’s hard stance on fighting post-pandemic inflation, which has involved raising interest rates at an incredible speed. While these rate hikes may be necessary, they also have many adverse effects:
- Negative impact on the stock market
- Increases the burden for those with variable-rate debts
- Makes mortgages and home buying less affordable
Higher rates have also prompted many U.S. tech companies to shrink their workforces, and have been a factor in the regional banking crisis, including the collapse of Silicon Valley Bank.
Where does this data come from?
Source: Gallup (2023)
Data Notes: Results are based on telephone interviews conducted April 3-25, 2023, with a random sample of –1,013—adults, ages 18+, living in all 50 U.S. states and the District of Columbia. For results based on this sample of national adults, the margin of sampling error is ±4 percentage points at the 95% confidence level. See source for details.
-
Demographics3 weeks agoVisualizing the American Workforce as 100 People
-
Technology4 days agoNvidia Joins the Trillion Dollar Club
-
Batteries3 weeks agoHow EV Adoption Will Impact Oil Consumption (2015-2025P)
-
Misc2 days agoComparing Population Pyramids Around the World
-
Wealth3 weeks agoRanked: The World’s Top 50 Endowment Funds
-
Politics2 weeks agoCharting the Rise of America’s Debt Ceiling
-
Money4 weeks agoComparing the Speed of Interest Rate Hikes (1988-2023)
-
Misc2 weeks agoRanked: The Cities with the Most Skyscrapers in 2023