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Chart of the Day: US Work Ethic

Crews Bank & Trust Wealth Management Services Jul 9, 2024
Line graph illustrating the number of hours a worked per worker since 1974 for select economies - some of the lines represent the US in white, France red, and Germany blue.

Contents

Today’s Chart of the Day is from the Financial Times and shows the number of annual hours worked, per worker, for select economies since 1974. 

The US has stayed relatively stable; however, France's (red) and Germany's (blue) worked hours have decreased approximately 25%, which works out to a loss of more than a full day of work per week.

In the end, work/life balance aside, the US enjoys a more robust economy than others - not only because of our expanded freedom and productivity, but also because of our good work ethic.
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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