Part 1: Return to the Office Series - Predicting the Return to the Office
VACCINE UPDATE As of early September 2021, just over 200 million Americans—that’s slightly more than 62%—have been fully or partially vaccinated. A total of 378 million vaccine doses have been administered. If the U.S. continues to average 700,000 to 800,000 doses per day as it has been in September, herd resiliency will be achieved sometime in the fourth quarter of 2021. RETURN TO THE OFFICE FORECAST Best Guess: January/February 2022 – Even before the surge in remote work due to the pandemic, office space was not 100% occupied by employees at any given time. Cushman & Wakefield’s Total Workplace consulting data indicates that approximately 60% of desks were utilized on an average day in the U.S. prior to the pandemic. Taking several factors into account (including the ones shown in the visual to the right,) we forecast that the return to office will pick up strongly in early 2022.
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