Fed’s Daly to San Francisco Firms: Bring People Back to Work (1)

Federal Reserve Bank of San Francisco President Mary Daly said employers in her city should bring remote workers back to offices to help rejuvenate the local economy.

“For founders and developers and business owners and CEOs: Bring your people back to work,” Daly said Monday in a question-and-answer session following her remarks at the Commonwealth Club of California.

“This city will not change unless we change the city,” Daly said.

The slow return of workers has been a drag on San Francisco, which has the highest office-vacancy rate among large US metro areas, at more than 36%, according to ...