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Unfortunately, remote work is now facing an oversupply (more people want remote jobs than are available). There are studies that have shown that people are often willing to forego a 6.8% premium in exchange for a remote job.

It is beginning to look like the start of a slippery (downward) slope for white-collar wages, I'm afraid.

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Only 6.8%? Unless I'm living paycheck to paycheck, 6.8% is an absolute bargain for 5 hours of more free time each week, assuming a 30min commute.

5h/week are equivalent to at least 4 weeks of PTO in a year.

Plus, vehicle maintenance costs, gas costs, and I can do chores around the house any time I want which saves even more time because I don't have to plan my day around the washing machine.

> Unfortunately, remote work is now facing an oversupply (more people want remote jobs than are available).

Citation needed. I’ve seen this repeated without evidence several times here, but is it reality?

There are do appear to be more people who want remote jobs than there are remote jobs, but whether or not you're actually in competition with all of those is an entirely different question.

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