Americans saved nearly $91 billion by working from home during pandemic: report
BY ZACK BUDRYK
August 27, 2020
Americans have saved nearly $91 billion working from home during the coronavirus pandemic, according to a study by economist Adam Ozimek of Upwork.
The analysis estimated that cutting daily commutes out of the equation has saved Americans about $758 million a day in time and expense since the pandemic began.
Estimating $12.50 an hour for the time spent in transit, Americans, have saved about $411 million a day by staying home instead of driving to work, according to Bloomberg News. Ozimek estimated another $183 million a day in savings from fewer trips to gas stations or mechanics.
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