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Chart of the Day: US Work Ethic

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer 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

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer
Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

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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