What do people who lose their jobs do with their time?
August 18, 2011 Leave a comment
One number in particular in this study of how American households spend their time caught my eye. It’s an estimate of how the time that would have been spent in work (market hours) is reallocated between housework, home improvements, etc (non-market work), childcare, leisure, etc. when people lose their jobs.
…less than 1% of the foregone market work hours are allocated to job search
That seems too low to me.
The rest of the breakdown is more plausible, and includes:
- 51% of foregone market work hours are allocated to leisure (including 20% to sleep, 12% to television watching)
- 30% of foregone market work hours are allocated to non-market work
- 12% goes towards time investments in their own health care, their own education, and civic activities
- 6% is absorbed as childcare
Here are how the 168 hours in a week are spent on average: