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InvisibleDividedQuantumM
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Americans Work 25% More Than Europeans, Study Finds * 1
    #23750443 - 10/18/16 09:49 PM (7 years, 3 months ago)

Quote:


Americans Work 25% More Than Europeans, Study Finds

Ben Steverman 22 hours ago


Americans are addicted to their jobs. U.S. workers not only put in more hours than workers do almost anywhere else. They’re also increasingly retiring later and taking fewer vacation days.

A new study tries to measure precisely how much more Americans work than Europeans do overall. The answer: The average person in Europe works 19 percent less than the average person in the U.S. That’s about 258 fewer hours per year, or about an hour less each weekday. Another way to look at it: U.S. workers put in almost 25 percent more hours than Europeans.

Hours worked vary a lot by country, according to the unpublished working paper (PDF) by economists Alexander Bick of Arizona State University, Bettina Bruggemann of McMaster University in Ontario, and Nicola Fuchs-Schundeln of Goethe University Frankfurt. Swiss work habits are most similar to Americans', while Italians are the least likely to be at work, putting in 29 percent fewer hours per year than Americans do.


The study was designed to make it easier to compare countries to each other, by capturing the overall hours per person, not just for people with jobs. That incorporates not just the length of the typical workweek but also retirement, vacation, unemployment, and other time spent out of the workforce.

Not all time spent at the office, shop, or factory is time well spent; output is also critical to the productivity equation. But it's important to have a reliable calculation of hours worked per person to accurately measure productivity, the amount of economic value nations get out of each hour their citizens spend working. The study's detailed data could help researchers figure out why Americans toil so much longer than Europeans and which factors most influence productivity.

One  theory is that Americans work longer hours because their additional effort is more likely to pay off. People earn a wider range of incomes in the U.S., so “workers have an incentive to try harder to move up the job ladder because a promotion is worth more,” said Dora Gicheva, an economist at the University of North Carolina-Greensboro, citing a study that compared the U.S. with Germany.

Taxes are an issue. Despite what Donald Trump has said, taxes in the U.S. are substantially lower than in Europe. Studies have suggested that this higher tax burden reduces the incentive to earn more by putting in extra hours.

“Americans are indeed richer than Europeans, and one reason why is because of taxes that depress the incentives to work in Europe,” said Lee Ohanian, an economist at the University of California-Los Angeles.

Maybe the key factor is that labor unions, along with other worker protections, are much stronger in Europe than in the U.S. “The data strongly suggest that labor regulation and unionization appear to be the dominant factors explaining the differences between the United States and Europe,” economists at Harvard and Dartmouth concluded in a 2006 study (PDF).

Generous pensions in Europe are also a strong factor in discouraging older people from working, the study said. In the U.S., more people over 65 are working than at any point in the past 50 years. The U.S.’s shift from traditional pensions to 401(k) plans makes it harder for Americans to know when it’s safe to retire.

One thing is clear. The difference in hours worked between Americans and Europeans is more than a difference in cultures. As recently as the early 1970s, according to several studies, people in the U.S. and Western Europe worked about the same number of hours per week.


https://www.yahoo.com/finance/news/americans-25-more-europeans-study-050010649.html





Seemed interesting, thought I'd share for anyone who might feel the same way.  Professional life in America is, apparently, much more grueling than that in Europe -- although Americans pay much less in taxes.


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InvisibleballsalsaMDiscord
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: DividedQuantum] * 4
    #23750688 - 10/18/16 10:59 PM (7 years, 3 months ago)

Americans have to work more hours to sustain their lifestyles than the 1970's because wages have remained stagnant since then.  Also Americans have to work more hours to pay for medical insurance lest they get seriously ill at some point and be saddled with crushing medical debt for the rest of their lives.  higher taxes are part of what pays for that to not be an issue elsewhere.


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OfflineFalcon91Wolvrn03
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: DividedQuantum] * 2
    #23750753 - 10/18/16 11:21 PM (7 years, 3 months ago)

Quote:

DividedQuantum said:
Professional life in America is, apparently, much more grueling than that in Europe -- although Americans pay much less in taxes.



And yet, median wealth in Europe has grown much higher than it is in the United States.

http://www.middleclasspoliticaleconomist.com/2013/06/us-median-wealth-only-28th-in-world.html

Those Italians who work the least have the most wealth in Europe (after Luxembourg).


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OfflineBrian Jones
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: Falcon91Wolvrn03] * 4
    #23751149 - 10/19/16 05:11 AM (7 years, 3 months ago)

Yes, this has been going on for a long time. They have huge vacation time and shorter work weeks.


    I do know the conservatives here  keep ranting and preaching that we have to work ourselves to death or we will never have a roof over our heads or medical care, and that the Social Democracies in Europe will collapse any minute.

    I have admired those foreign economies and ideologies for decades. And we all have our ups and downs, but on average they are now more or less, no more collapsing than we are. Maybe they learned their lesson from two world wars that cost them far more lives than us. They seem to have learned to avoid wars.

    I don't pretend to know enough about economics (and I'm not sure any experts know enough to answer this question), but it seems like war can be an economic stimulus in the short run, maybe, but after 60 or 70 years, what can it be but a drain on the economy.

    In any case, Go Europe! Teach our workers a lesson and maybe at some point it will sink in here.


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Offlineqman
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: Brian Jones]
    #23751338 - 10/19/16 08:13 AM (7 years, 3 months ago)

Quote:

Brian Jones said:
Yes, this has been going on for a long time. They have huge vacation time and shorter work weeks.


    I do know the conservatives here  keep ranting and preaching that we have to work ourselves to death or we will never have a roof over our heads or medical care, and that the Social Democracies in Europe will collapse any minute.

    I have admired those foreign economies and ideologies for decades. And we all have our ups and downs, but on average they are now more or less, no more collapsing than we are. Maybe they learned their lesson from two world wars that cost them far more lives than us. They seem to have learned to avoid wars.

    I don't pretend to know enough about economics (and I'm not sure any experts know enough to answer this question), but it seems like war can be an economic stimulus in the short run, maybe, but after 60 or 70 years, what can it be but a drain on the economy.

    In any case, Go Europe! Teach our workers a lesson and maybe at some point it will sink in here.




"They seem to have learned to avoid wars"

Or paying for their own military defense, thanks to US taxpayers they are getting a massive discount.  BTW, Trump mentioned this needs to change.  This is the reason why EU citizens can take vacations.

"war can be an economic stimulus"

Depends, pissing money away on tanks and jets while losing the "cause" is a horrible return on investment.

"I have admired those foreign economies and ideologies for decades"

They had a good run, but the EU is in very big social-economic trouble today, it's going to fall apart.


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OfflineFalcon91Wolvrn03
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: qman] * 5
    #23751504 - 10/19/16 09:45 AM (7 years, 3 months ago)

Quote:

qman said:
They had a good run, but the EU is in very big social-economic trouble today, it's going to fall apart.



You know, I've been arguing with conservatives for decades now, and they always say the same thing:  Liberal policies appear to be working better now (see Europe), but you just wait... that's all temporary.  Failed conservative policies (like trickle down) will win out in the end.

I'm still waiting... and waiting.


We have empirical evidence showing that the most successful cities in our states are liberal.  The most successful states in our country are liberal.  And the most successful countries in our world are liberal.  Yet conservatives keep warning - "you just wait!"  :whatever:


Now it's time for conservative to cherry pick a few counter examples...


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Offlineqman
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: Falcon91Wolvrn03]
    #23751519 - 10/19/16 09:54 AM (7 years, 3 months ago)

Quote:

Falcon91Wolvrn03 said:
Quote:

qman said:
They had a good run, but the EU is in very big social-economic trouble today, it's going to fall apart.



You know, I've been arguing with conservatives for decades now, and they always say the same thing:  Liberal policies appear to be working better now (see Europe), but you just wait... that's all temporary.  Failed conservative policies (like trickle down) will win out in the end.

I'm still waiting... and waiting.


We have empirical evidence showing that the most successful cities in our states are liberal.  The most successful states in our country are liberal.  And the most successful countries in our world are liberal.  Yet conservatives keep warning - "you just wait!"  :whatever:




Did you not witness the Brexit a few months ago?

Will the US be able to provide free military security for the EU forever?

Will the EU nations be on the same page when the next financial crisis rocks their continent?

What will happen to the social services when these insolvent EU nations face economic reality?

Nobody is suggesting that "trick down" is the solution, I don't know why you always jump to the conclusion?

Yes, successful states do have the luxury of having social safety nets, how did they get successful in the first place?  Because they're winners on the global chess board.


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InvisibleballsalsaMDiscord
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: qman] * 2
    #23751550 - 10/19/16 10:07 AM (7 years, 3 months ago)

Quote:

Nobody is suggesting that "trick(le) down" is the solution, I don't know why you always jump to the conclusion?





maybe its because you won't post where you stand on the issues in the issues thread.


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OfflinePatlal
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: ballsalsa] * 2
    #23751574 - 10/19/16 10:14 AM (7 years, 3 months ago)

If you guys work 25% more than European, why is there so much work left to do in your country?


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Offlineqman
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: ballsalsa]
    #23751586 - 10/19/16 10:20 AM (7 years, 3 months ago)

Quote:

ballsalsa said:
Quote:

Nobody is suggesting that "trick(le) down" is the solution, I don't know why you always jump to the conclusion?





maybe its because you won't post where you stand on the issues in the issues thread.




That hardly justifies labeling others because they challenge your outlook on a certain issue. :lol:

I have posted my stance on issues plenty of times, I don't find it necessary to be a card carrying member of those stances. :shrug:


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InvisibleballsalsaMDiscord
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: qman] * 4
    #23751591 - 10/19/16 10:22 AM (7 years, 3 months ago)

if you play coy about it, people are gonna ascribe to you the stances that they perceive based on your posts. :shrug:


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Offlineqman
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: Patlal]
    #23751604 - 10/19/16 10:27 AM (7 years, 3 months ago)

Quote:

Patlal said:
If you guys work 25% more than European, why is there so much work left to do in your country?




Because companies would rather hire 10 people not taking more than 2 weeks vacation rather than 12 people taking 6-8 weeks in vacation.


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OfflineFalcon91Wolvrn03
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: qman] * 2
    #23751843 - 10/19/16 12:07 PM (7 years, 3 months ago)

Quote:

qman said:
Quote:

Falcon91Wolvrn03 said:
We have empirical evidence showing that the most successful cities in our states are liberal.  The most successful states in our country are liberal.  And the most successful countries in our world are liberal.  Yet conservatives keep warning - "you just wait!"  :whatever:



Did you not witness the Brexit a few months ago?



You mean the vote that caused the British Pound to plummet from $1.48 to $1.22:

https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1476900265095&chddm=285867&q=CURRENCY:GBPUSD&ntsp=0&ei=prUHWOG5DMnKmAG_kJBg

So what about Brexit???

Quote:

qman said:
What will happen to the social services when these insolvent EU nations face economic reality?



What insolvent nations are you talking about?  More "you just wait... one of these days my side will be right" nonsense.

Quote:

qman said:
Quote:

ballsalsa said:
Quote:

qman said:
Nobody is suggesting that "trick down" is the solution, I don't know why you always jump to the conclusion?



maybe its because you won't post where you stand on the issues in the issues thread.



I have posted my stance on issues plenty of times



Then PLEASE CLARIFY - Do you support a higher effective tax on the super rich or don't you???  I'm very confused about your position on this.

Quote:

qman said:
Yes, successful states do have the luxury of having social safety nets, how did they get successful in the first place?



Because of liberal economic policies.


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.


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OfflineCrackingTheCode
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: Falcon91Wolvrn03]
    #23752502 - 10/19/16 04:36 PM (7 years, 3 months ago)

I hate to be the one to inform you but the both the US and Europe are on the verge of going into the next recession and I think it's going to be a big one.


And this recession is being driven by liberal economic policies and (the big one) central banking.


Don't get me wrong, the conservatives fucked up too. We spend $100B annually to maintain our 800 over-seas military bases around the globe. The great holdover of our strategy to "contain" those evil Soviets.


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OfflineFalcon91Wolvrn03
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: CrackingTheCode] * 3
    #23752865 - 10/19/16 06:52 PM (7 years, 3 months ago)

Quote:

CrackingTheCode said:
I hate to be the one to inform you but the both the US and Europe are on the verge of going into the next recession and I think it's going to be a big one.



What makes you think that?  :shrug:


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.


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OfflineCrackingTheCode
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: Falcon91Wolvrn03] * 1
    #23754413 - 10/20/16 10:12 AM (7 years, 3 months ago)

Just look at the economy in the US and Europe.

The well paying middle class jobs are gone and have been replaced with service industry work. But in leftist America, "a job is a job" so the job you get at McDonalds is on the same standing as the engineering job.

Every month, we're at the lowest labor participation rate of the last 40+ years. (fewest % of working age Americans actually working)

Look at our stock market "appreciation" in relation to the Federal reserve balance sheet. The central banks (Fed and ECB in particular) have been propping up the stock and bond market, simultaneously, for years now.

What a lot of people don't seem to grasp this time around is the years of central bank "intervention" is there's going to be a price to pay. America, this is how you loose your country and thus your freedom.

What this chart shows is the "wealth" in the US in relation to GDP growth. It illustrates the current and preceding two bubbles, which always appear in the "growth" of assets". All you need to do is ask how can your wealth vastly out-pace your production? (answer: it can't, unless you're cooking the books)



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Offlineviktor
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: qman] * 5
    #23754453 - 10/20/16 10:34 AM (7 years, 3 months ago)

Quote:

qman said:

Or paying for their own military defense, thanks to US taxpayers they are getting a massive discount.  BTW, Trump mentioned this needs to change.  This is the reason why EU citizens can take vacations.




What absolute crap. Americans get small vacations because they have been completely and utterly cucked by their ruling class, for whom they will do absolutely anything.

Europeans have long holidays because they refuse to accept shitty working conditions. Unlike Americans, who will happily get fucked up the arse by their bosses as long as no-one calls them a socialist.


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Offlineqman
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: Falcon91Wolvrn03]
    #23754531 - 10/20/16 11:03 AM (7 years, 3 months ago)

Quote:

Falcon91Wolvrn03 said:
Quote:

qman said:
Quote:

Falcon91Wolvrn03 said:
We have empirical evidence showing that the most successful cities in our states are liberal.  The most successful states in our country are liberal.  And the most successful countries in our world are liberal.  Yet conservatives keep warning - "you just wait!"  :whatever:



Did you not witness the Brexit a few months ago?



You mean the vote that caused the British Pound to plummet from $1.48 to $1.22:

https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1476900265095&chddm=285867&q=CURRENCY:GBPUSD&ntsp=0&ei=prUHWOG5DMnKmAG_kJBg

So what about Brexit???

Quote:

qman said:
What will happen to the social services when these insolvent EU nations face economic reality?



What insolvent nations are you talking about?  More "you just wait... one of these days my side will be right" nonsense.

Quote:

qman said:
Quote:

ballsalsa said:
Quote:

qman said:
Nobody is suggesting that "trick down" is the solution, I don't know why you always jump to the conclusion?



maybe its because you won't post where you stand on the issues in the issues thread.



I have posted my stance on issues plenty of times



Then PLEASE CLARIFY - Do you support a higher effective tax on the super rich or don't you???  I'm very confused about your position on this.

Quote:

qman said:
Yes, successful states do have the luxury of having social safety nets, how did they get successful in the first place?



Because of liberal economic policies.




"What insolvent nations are you talking about?"

Playing dumb again? http://ec.europa.eu/eurostat/documents/2995521/6923259/2-22072015-AP-EN.pdf/bf173a0e-0eba-4ab9-878c-6db8d1f6452b ; http://www.tradingeconomics.com/euro-area/government-debt-to-gdp

Shall they make taxes even higher?  :rofl2:

"Do you support a higher effective tax rate on the super rich?"

Sure, but will it bring in more tax revenue?  History tells us it won't matter, I prefer pro-growth policies.  Most rich people don't voluntarily give their money away.


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Offlineqman
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: viktor]
    #23754539 - 10/20/16 11:07 AM (7 years, 3 months ago)

Quote:

viktor said:
Quote:

qman said:

Or paying for their own military defense, thanks to US taxpayers they are getting a massive discount.  BTW, Trump mentioned this needs to change.  This is the reason why EU citizens can take vacations.




What absolute crap. Americans get small vacations because they have been completely and utterly cucked by their ruling class, for whom they will do absolutely anything.

Europeans have long holidays because they refuse to accept shitty working conditions. Unlike Americans, who will happily get fucked up the arse by their bosses as long as no-one calls them a socialist.




You think not being taxed hundreds of billion of Euros every year for military defense doesn't serve as a massive social service advantage?  Guess what, if those companies and individuals pay 25% more in taxes for funding their own defense, those long paid vacations are toast.


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InvisibleDividedQuantumM
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Re: Americans Work 25% More Than Europeans, Study Finds [Re: CrackingTheCode]
    #23755437 - 10/20/16 04:25 PM (7 years, 3 months ago)

Quote:

CrackingTheCode said:
Just look at the economy in the US and Europe.

The well paying middle class jobs are gone and have been replaced with service industry work. But in leftist America, "a job is a job" so the job you get at McDonalds is on the same standing as the engineering job.

Every month, we're at the lowest labor participation rate of the last 40+ years. (fewest % of working age Americans actually working)

Look at our stock market "appreciation" in relation to the Federal reserve balance sheet. The central banks (Fed and ECB in particular) have been propping up the stock and bond market, simultaneously, for years now.

What a lot of people don't seem to grasp this time around is the years of central bank "intervention" is there's going to be a price to pay. America, this is how you loose your country and thus your freedom.

What this chart shows is the "wealth" in the US in relation to GDP growth. It illustrates the current and preceding two bubbles, which always appear in the "growth" of assets". All you need to do is ask how can your wealth vastly out-pace your production? (answer: it can't, unless you're cooking the books)







"It is much to be wished  that every discouragement should be thrown in the way of men who undertake to trade without capital.  The consumers pay for it in the end, and the debts contracted, and bankruptcies occasioned by such commercial adventurers, bring burden and disgrace on our country."  --Thomas Jefferson


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