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Workers rush back to their desks as job fears grow

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Rising job security fears linked to the softening economy have driven average office utilisation in Australia to its highest level since the pandemic, contributing to a partial reversal in the rush of city workers moving to the country.

Average workplace utilisation rose from 30 per cent in the final quarter of 2023 to a post-pandemic high of 40 per cent in the first three months of this year, workplace sensor data provided exclusively to The Australian Financial Review shows.

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correction

An earlier version of this article incorrectly stated that average workplace utilisation in the final quarter of 2023 was 31 per cent. In fact, it was 30 per cent. This revision was made on July 30, 2024, after XY Sense reprocessed old data. 

Euan Black is a work and careers reporter at The Australian Financial Review. Email Euan at euan.black@afr.com
David Marin-Guzman writes about industrial relations, workplace, policy and leadership from Sydney. Connect with David on Twitter. Email David at david.marin-guzman@afr.com
Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com

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    Original URL: https://www.afr.com/work-and-careers/workplace/workers-rush-back-to-their-desks-as-job-fears-grow-20240410-p5fiv6