Read at USA TODAY
The demand for remote jobs has led to increased competition. Christopher Foose has been searching for a remote job in information technology since 2018, but he has faced difficulty due to the limited options in his hometown and the overwhelming number of applicants. Research shows that the share of job postings advertising remote or hybrid work options has decreased from its peak in February 2022. High-paying jobs have seen a significant decline in hybrid and remote job postings, with six-figure hybrid jobs dropping 69% and six-figure remote jobs slipping 12% at the end of 2023.
"When I apply for a job online, I'm competing with the world. ... It was overwhelming."
Companies that previously offered hybrid roles are now posting more in-office positions, especially for jobs paying over $200,000. The increased demand for in-person roles is driven by the desire to have high earners in the office for collaboration and leadership. This shift can make it even more challenging for individuals seeking remote work, as the competition for remote positions becomes even more fierce.
"It appears that companies that were previously offering hybrid roles are now increasingly posting in-office positions, especially for jobs paying over $200,000."