Recession Time: 30% of Foregone Work Hours Spent on Sleep, Watching TV

August 20, 2011 3:19 am

We spotted this today:

“We find that roughly 30% to 40% of the foregone market work hours are allocated to increased home production. Additionally, 30% of the foregone hours are allocated to increased sleep time and increased television watching. Other leisure activities absorb 20% of the foregone market work hours. ”

Statistics Source: Freakanomics

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