"As companies across the United States report increased office attendance, California remains an outlier, with attendance rates still significantly below pre-pandemic levels. According to a recent survey by real estate services firm CBRE, 72% of companies nationwide have met their attendance goals, up from 61% last year. However, California's office attendance lags behind, particularly in Los Angeles and San Francisco, where attendance is 48.3% and 41.8%, respectively."
"The data shows that while California's attendance is above the pandemic lows, it still trails cities like New York and Chicago, and is far behind Texas cities, which boast more than 60% attendance. The trend of hybrid work remains strong, with companies wanting employees in the office an average of 3.2 days per week, while actual attendance is close at 2.9 days."
Nationwide, 72% of companies have met attendance goals, up from 61% last year. California lags behind, with Los Angeles at 48.3% and San Francisco at 41.8%. Sixty-nine percent of firms now monitor office attendance, up from 45% in 2024. Tech and entertainment sectors favor flexible arrangements because of work nature and lengthy commutes. Long commutes in Los Angeles contribute to lower attendance. California sits above pandemic lows but trails New York, Chicago, and many Texas cities exceeding 60%. Employers seek 3.2 office days weekly versus about 2.9 actual. Downtown vacancies and office devaluation raise conversion-to-housing proposals.
Read at KFI AM 640
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