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Nah I think what you'd really want to look at is something like YOY GDP growth vs hours worked, or something like that. If a country is experiencing large gains
by gascan 8y ago
Nah I think what you'd really want to look at is something like YOY GDP growth vs hours worked, or something like that. If a country is experiencing large gains in output, working more hours is paying great dividends and raising everyone's standard of living, etc. You're not working just for the sake of working.
On the other hand if output is stable, that's a time to start spending more time with family.
- shanghaiaway 8y agoIncrease working hours in the US by 10% across the board and the GDP will likely not increase at all.