Average U.S. workweek has dropped by more than a half hour over the last three years
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The average U.S. workweek has dropped by more than a half hour over the last three years, according to new research by former Bureau of Labor Statistics Commissioner Katharine Abraham and her University of Maryland colleague Lea Rendell. That’s enabled some Americans to emulate their European counterparts and spend more time on leisure and other activities.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
What’s going on with weekly hours is “a very significant part of the story why labour supply is so low,” Stephanie Aaronson, senior associate director of the division of research and statistics at the Fed, said at a conference last week where the research was discussed.
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