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Chart of the Day: Working Less

Crews Bank & Trust Wealth Management Services May 3, 2023
chart displays working hours from 2017 to today with an evident decrease following 2020

Contents

Today’s Chart of the Day from Bloomberg is called, “Americans are Working Less.” After the pandemic, many are working fewer hours a week. The article suggests Americans are going through a “re-examination of the work/life balance” and that “this drop in working hours leads to contraction in labor supply and the shortfall keeps pressure up on wages," spurring inflation worry.
Chart of the Day

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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.

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