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Summary | 8 Annotations
The average person in Europe works 19 percent less than the average person in the U.S. That’s about 258 fewer hours per year,
2016/10/18 09:12
Swiss work habits are most similar to Americans
2016/10/18 09:13
The study was designed to make it easier to compare countries to each other, by capturing the overall hours per person, not just for people with jobs. That incorporates not just the length of the typical workweek but also retirement, vacation, unemployment, and other time spent out of the workforce. 
2016/10/18 09:13
Americans work longer hours because their additional effort is more likely to pay off. People earn a wider range of incomes in the U.S., so “workers have an incentive to try harder to move up the job
2016/10/18 09:14
said Dora Gicheva, an economist at the University of North Carolina-Greensboro,
2016/10/18 09:14
Taxes are an issue. Despite what Donald Trump has said, taxes in the U.S. are substantially lower than in Europe
2016/10/18 09:14
The data strongly suggest that labor regulation and unionization appear to be the dominant factors explaining the differences between the United States and Europe,”
2016/10/18 09:15
Generous pensions in Europe are also a strong factor in discouraging older people from working,
2016/10/18 09:15