Remote Working Proves Unexpected Hero as Half of US Economy Shifts to Home Offices - CoinDesk

in hive-116221 •  5 years ago 

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As economists scramble to assess the devastating impact of the coronavirus, they're homing in on an unexpected hero that's mitigating the damage in the U.S.: remote working. 

With offices across the country closed and people stuck in their homes, many professional workers have accomplished a not-seamless but ultimately successful transition to online workplaces — allowing those in crucial industry sectors including professional and business services to continue doing their jobs. 

The output is helping to protect U.S. government tax revenue from a total collapse, at a time when expenses are expanding; lawmakers in Washington just approved a $2 trillion plan to provide financial assistance to households and businesses.


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