Yesterday’s 40-Hour Workweek Morphing Into Tomorrow’s 32-Hour Workweek

ellioteisenberg
ellioteisenberg

Dr. Elliot Eisenberg in known as the "Bowtie Economist" and spoke recently at the ABA Ag Bankers Conference in Omaha, NE (Photo Courtesy of All Ag News)

AVENTURA, FL – In 1965, the average workweek for production and nonsupervisory workers was 38.6 hours, close to the mythical 40-hour workweek.

It’s declined ever since; we are wealthier, says Dr. Elliot Eisenberg, the “Bowtie Economist.”

In 1975 it was 36 hours; in 1985, it fell to 34.9; in 1995, 34.3, and by 2005 33.8 hours/week!

It has since leveled off and, in 2022, was 34 hours/week.

We are moving to a 32-hour workweek, probably composed of four 8-hour days.

(In December 2010, Elliot began writing a daily 70-word blog on the economy – hence the website’s name. As a personal challenge, he decided to take a current economic concept or issue and explain the topic in 70 words or less – not an easy thing to do. He writes and posts a blog every weekday except holidays and has written nearly 3,000 blogs. Elliot’s blog is delivered daily to the inboxes of more than 25,000 people. You can subscribe here: https://econ70.com/)

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