katie greifeld, crypto irl, given a watch. coming up. chief officer on a return to the office and the future of hybrid work. he is up next. this is bloomberg. ♪ emily: there is another sign that labor demand in the u.s. may be moderating. unemployment applications rose more than expected, by 29,000, this after the labor department said the number of available jobs in august decreased by a million. this, is a return to office, is waning nationwide. last week was the second straight week were office occupancy barely budged, after shooting up after labor day. for more on the labor market, i want to bring in fran katsoudas, cisco executive vice president. it's great to have you back with us. it has been called the great resignation. we are hearing the great realignment. we are hearing about quiet quitting. what in your view was actually happening within the workforce? fran: thank you, emily. i'm so glad to be with you. what we are talking about is an amazing opportunity to think about work. sometimes, when we talk about this phase, we are so