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01 / 05
We Work Less, Have More Leisure Time and Earn More

Blog Post | Economic Growth

We Work Less, Have More Leisure Time and Earn More

Income per capita per year was up 111 percent between 1950 and 2016.

One of my favorite Human Progress datasets comes from the Conference Board and deals with the decline in the amount of work over time. Globally, a worker could expect to work 2,227 hours in 1950. By 2016, however, he or she worked only 1,855 hours. That’s a decline of 17 percent.

Over the same time period, global inflation-adjusted income per capita per year rose from $11,578 to $24,400, or 111 percent. Put differently, we are working less while making more money.

Professor Jesse Ausubel, who teaches at the Rockefeller University and is an advisory board member of Human Progress, has just come out with a new paper estimating working time over a much longer period.

As he writes in Working Less and Living Longer: Long-Term Trends in Working Time and Time Budgets, in 1856 a British male worked 149,700 hours over the course of his lifetime. By 1981 that number dropped to 88,000 hours. That’s a decline of 41 percent. For women in Britain, paid work hours declined by 37 percent over the same time period.

Ausubel found a similar trend in other developed countries. Between 1870 and 1987, working hours in France, Germany, the United Kingdom and the United States declined from roughly 3,000 hours per year to roughly 1,600 hours per year. That’s a reduction of 47 percent. In Japan, an outlier, they declined by 33 percent.

In a separate paper, Ausubel estimated the number of hours worked as a share of hours alive. According to Ausubel, in 1960 a British worker spent 11.72 percent of his life working. By 2010 that number dropped to 8.77 percent, suggesting that a typical Briton had more time to spend on leisure and family.

While Ausubel’s paper only dealt with Great Britain, it is safe to assume that in a vast majority of developed countries people work less, earn more money and enjoy more leisure time than a half-century ago.

This article first appeared in Reason. 

BBC | Labor Productivity

How Robots Are Taking over Warehouse Work

“In its warehouses, Asda uses a system from Swiss automation firm Swisslog and Norway’s AutoStore. In the US, Walmart has been automating parts of its supply chain using robotics from an American company called Symbotic.

Back in Luton, Ocado has taken its automation process to a higher level.

The robots which zoom around the grid, now bring items to robotic arms, which reach out and grab what they need for the customer’s shop.

Bags of rice, boxes of tea, packets of crumpets are all grabbed by the arms using a suction cup on the end.”

From BBC.

Axios | Labor & Employment

Average Worker Now Logs off at 4 p.m. On Fridays

“Quitting time has been shifting earlier throughout the week, and it’s especially early on Friday, according to an analysis of sign-off times from some 75,000 workers at 816 companies by the workplace analytics firm ActivTrak.

Friday sign-off times have moved up from around 5 p.m. at the start of 2021 to around 4 p.m. now. Monday-Thursday sign-offs have also shifted earlier, to around 5 p.m. on average.”

From Axios.

Cato Institute | Labor & Employment

Remote Work Is Here to Stay, Mostly for the Better

“As I wrote in a chapter of my recent Cato book, remote work helps employers—especially newer and smaller ones—expand their pool of potential workers, retain the workers they already have, and lower their commercial real estate costs. It can also help workers and employers find better, more productive matches and can boost employment among formerly marginalized workers—outcomes that are good for both the people involved and the broader U.S. economy.

When I wrote that book chapter in mid‐​2022, however, the future of remote work was cloudy: Data on its effects and durability were limited; pandemic‐​era restrictions were (mostly) gone, thus eliminating some of the remote work necessity; companies and workers were still figuring out such details as the proper balance between home and office; and some employers—especially at big, highly visible companies—were calling their workers back into the office full time. All of those factors made whether we were reverting to the old normal or experiencing a new one an open question.

Today, however, we have a lot more information, and it’s increasingly clear remote work is here to stay—and mostly for the better.”

From Cato Institute.

Associated Press | Labor Productivity

Productivity Surge Helps Explain US Economy’s Resilience

“Chronic worker shortages have led many companies to invest in machines to do some of the work they can’t find people to do. They’ve also been training the workers they do have to use advanced technology so they can produce more with less.

The result has been an unexpected productivity boom.”

From Associated Press.