Category: working hours

Charted: The Working Hours of Americans at Different Income Levels

This post is by Carmen Ang from Visual Capitalist

Charting showing average working hours of rich and poor in America

The Actual Working Hours of Different Income Levels

Do you really need to work 100-hour weeks for success?

In 2021, America’s top 10% of income earners made at least $129,181 a year—more than double the average individual income across the country.

When looking at differences between income groups, there are many preconceived notions about the work involved. But what are the actual average working hours for different income groups?

This graphic by Ruben Berge Mathisen uses the latest U.S. Census data to show the average working hours of Americans at different income levels.

Comparing Average Work Weeks

The data used for this graphic comes from the U.S. Census Bureau’s May 2022 Current Population Survey, which surveys more than 8,000 Americans from various socioeconomic backgrounds.

Importantly, the data reflects the average work hours that respondents in each income percentile “actually” work each week, and not what’s on their contract. This also includes overtime, other jobs, or side gigs.

According to the survey data, America’s top 10% income percentile works 4.4 hours more each week than those in the bottom 10%. And in surveys across other countries, though with hundreds of respondents instead of thousands, the discrepancy was similar:

One Year In: How the Pandemic Impacted Employment Around the World

This post is by Avery Koop from Visual Capitalist

How the Pandemic Impacted Employment Around the World

The Briefing

  • The global pandemic had a significant impact on average working hours across the globe
  • In 2020, 8.8% of global working hours were lost compared to Q4’2019
  • The amount of working hours lost in 2020 is equal to 255 million full-time jobs

How the Pandemic Impacted Employment Around the World

One year in, the global pandemic has impacted employment and changed the nature of work in a multitude of ways.

As job loss rose across the globe, many countries introduced job retention schemes to steady unemployment rates. At the same time, working hours for many who held on to their jobs were reduced.

To put it in perspective, COVID-19’s negative impact on working hours globally has been around 4x more than that caused by the Global Financial Crisis in 2009.

Working Hard or Hardly Working?

As of January 2021, an estimated 93% of the world’s workforce lives in a country with some type of workplace closure restrictions still in place.

While profits were slashed across many industries, a majority of companies actually avoided firing people. However, 64% of firms either reduced wages, hours, or furloughed workers temporarily.

Compared to Q4’2019, total global working hours were reduced 8.8% in 2020. This is equivalent to approximately 255 million jobs.

Here’s a look at the working hour losses in a number of different countries.

Country2020 Work Hour Losses Compared to Q4'2019
El Salvador19.4%
Costa Rica17.5%
(Read more...)