Current:Home > MarketsFinding a remote job is getting harder, especially if you want a high-earning job -FinanceAcademy
Finding a remote job is getting harder, especially if you want a high-earning job
View
Date:2025-04-16 19:31:08
Finding a remote job isn’t as easy as it once was.
Christopher Foose, 42, said he’s been searching for a position in information technology since 2018. But he said the options in his hometown of Keaau, Hawaii, are slim, and he’s been hoping to find a job elsewhere that will allow him to work from home.
But with remote jobs in high demand, Foose is dealing with a lot of competition. He said there was a period early last year when he was sending out roughly 50 applications per week and rarely heard back. In one interview, he said the recruiter told him he was one of 5,000 applicants.
“It just feels really futile,” he said. “When I apply for a job online, I'm competing with the world. … It was overwhelming.”
While experts say work-from-home is here to stay, research shows that there has been a dip in remote and hybrid job postings since pandemic-era highs. Data from job search site Indeed published last month shows that the share of job postings advertising remote or hybrid work options fell from a peak of 10.3% in February 2022 to 8.3% as of November.
This dip is especially prevalent among high-paying jobs, according to a new report from career site Ladders. It found six-figure hybrid job postings dropped 69% at the end of 2023 from the previous quarter, while six-figure remote jobs slipped 12%. The findings are based on an analysis of nearly a half-million job postings on the site between October and December. (The company did not have the data available for a year-over-year comparison.)
“It appears that companies that were previously offering hybrid roles are now increasingly posting in-office positions, especially for jobs paying over $200,000,” John Mullinix, director of growth marketing at Ladders, said in an emailed statement.
Jobs that pay more have driven the increased demand for in-person roles because “companies want their highest earners in the office for collaboration and leadership,” he said in a separate media release.
The state of remote work today
Ladders’ report found a dip in high-paying hybrid job postings across all sectors, but the decline was especially prevalent in health care, where the share of hybrid jobs among postings fell to 3.9% in the fourth quarter of 2023 from 11.2% in the third quarter.
Overall work-from-home numbers have dropped from their peak in the spring of 2020, when more than 60% of days were worked from home, to about 25% in 2023, according to data from WFH Research, a scholarly data collection project. But they held steady throughout most of last year, and experts say they may even rebound in the years to come as companies adjust to work-from-home trends.
"In my mind, it's a smarter way to do business," remote career coach Kate Smith told USA TODAY. "It makes more sense. You have happier employees, greater access to a larger talent pool, lower overhead costs."
So then why are there fewer remote jobs available now?
Indeed, the job search site, notes that it may be less about companies turning their backs on remote or hybrid work and more about the cooling labor economy, since jobs that are typically remote-friendly also posted with "far less frequency" in 2023 compared with 2022.
2023 was the year return-to-office died:Experts share remote-work trends expected in 2024
How to find a remote job
While remote work availability is down, demand is skyrocketing as more companies begin to enforce return-to-office policies, according to Smith.
"It's a much more competitive job market, which really means it's important that you are effectively articulating and communicating your value," she told USA TODAY.
Smith suggests job seekers pick one type of remote role they're interested in instead of aimlessly applying.
She also suggests scheduling time every week to dedicate to the job search and to set realistic expectations.
"Being able to push through and hearing no's and rejections is part of the process," she said. "It's not personal."
Mullinix suggests setting up job alerts on various sites with remote work filters to stay updated on new opportunities.
"Remember, the early bird catches the worm," he said. "In job searching, this means applying to desired jobs as soon as they are posted."
veryGood! (679)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Can banks be sued for profiting from Epstein's sex-trafficking? A judge says yes
- Janet Yellen says the U.S. is ready to protect depositors at small banks if required
- Inside Clean Energy: Indian Point Nuclear Plant Reaches a Contentious End
- Arkansas State Police probe death of woman found after officer
- Bills RB Nyheim Hines will miss the season after being hit by a jet ski, AP source says
- Senate Democrats Produce a Far-Reaching Climate Bill, But the Price of Compromise with Joe Manchin is Years More Drilling for Oil and Gas
- Biden’s Bet on Electric Vehicles Is Drawing Opposition from Republicans Who Fear Liberal Overreach
- Travis Hunter, the 2
- Inside Clean Energy: Some Straight Talk about Renewables and Reliability
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Recent Megafire Smoke Columns Have Reached the Stratosphere, Threatening Earth’s Ozone Shield
- Police say they can't verify Carlee Russell's abduction claim
- 5 ways the fallout from the banking turmoil might affect you
- Senate begins final push to expand Social Security benefits for millions of people
- 5 big moments from the week that rocked the banking system
- Noah Cyrus Is Engaged to Boyfriend Pinkus: See Her Ring
- First Republic Bank shares sink to another record low, but stock markets are calmer
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Concerns Linger Over a Secretive Texas Company That Owns the Largest Share of the Trans-Alaska Pipeline
New York Community Bank agrees to buy a large portion of Signature Bank
It takes a few dollars and 8 minutes to create a deepfake. And that's only the start
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Angela Bassett Is Finally Getting Her Oscar: All the Award-Worthy Details
Chicago Billionaire James Crown Dead at 70 After Racetrack Crash
Here's how Barbie's Malibu Dreamhouse would need to be redesigned to survive as California gets even warmer