Attention Economy


Friday, January 27, 2023

A Reduction in Work Hours

High-Earning Men Are Cutting Back on Their Working Hours
https://www.wsj.com/articles/high-earning-men-are-cutting-back-on-their-working-hours-11674697563
American workers have cut the number of hours they spend in their jobs since 2019, but no group has dialed back its time on the clock more than young, high-earning men whose jobs typically demand long hours.
The top-earning 10% of men in the U.S. labor market logged 77 fewer work hours in 2022, on average, than those in the same earnings group in 2019, according to a new study of federal data by the economics department at Washington University in St. Louis. That translates to 1.5 hours less time on the job each workweek, or a 3% reduction in hours. Over the same three-year period, the top-earning 10% of women cut back time at work by 29 hours, which translates to about half an hour less work each week, or a 1% reduction.
 
Where Are the Workers? From Great Resignation to Quiet Quitting
https://www.nber.org/system/files/working_papers/w30833/w30833.pdf