Federal Reserve Bank of St. Louis: 'Why Do Americans No Longer Work So Much More Than Non-Americans?'
March 31, 2026
March 31, 2026
ST. LOUIS, Missouri, March 31 (TNSLrpt) -- The Federal Reserve Bank of St. Louis issued the following white paper (No. 2026-002) on March 24, 2026, entitled "Why Do Americans No Longer Work So Much More Than Non-Americans?"
Here are excerpts:
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In the 1990s, Americans used to work much more than non-Americans. Nowadays, about half of the gap in hours worked has reversed. To evaluate the convergence of working hours, we develop a tractable mode . . .
Here are excerpts:
* * *
In the 1990s, Americans used to work much more than non-Americans. Nowadays, about half of the gap in hours worked has reversed. To evaluate the convergence of working hours, we develop a tractable mode . . .