What Have Workers Done with the Time Freed up by Commuting Less? - Liberty Street Economics
The COVID-19 pandemic has dramatically changed the way Americans spend their time. One of the most enduring shifts has occurred in the workplace, with millions of employees making the switch to work from home. Even as the pandemic has waned, more than 15 percent of full-time employees remain fully remote and an additional 30 percent work in hybrid arrangements (Barrero, Bloom, and Davis). These changes have substantially reduced time spent commuting to work; in the aggregate, Americans now spend 60 million fewer hours traveling to work each day. In this post, we investigate how people spend this saved time on other activities. Using detailed data from the American Time Use Survey (ATUS), we find that employed individuals allocate their saved commute time toward leisure activities and sleeping, while reducing overall work hours.
Learn what to ride and when with wait times at Disney World, Disneyland, Universal Orlando, Universal Hollywood, Six Flags, Cedar Fair, Cedar Point, and more
In high school, we spend most of our days with friends and immediate family. But then we get jobs, start a family, retire, and there’s a shift in who we spend our days with.
Question of the Day: How long does the average user spend on TikTok a day? - Blog
Answer: Over 45 minutes a day! [21.5 hours a month!] Questions: How much time do you spend on TikTok? What do you like about it? Has TikTok ever impacted your financial knowledge or have your purchasing decisions been influenced?
Royal Oak-based WaitTime signs deal with Cisco as entertainment venues eye reopening
Royal Oak-based WaitTime is expanding its business with Cisco as the global IT giant gears up to help sports arenas and entertainment venues reopen to the public amid the pandemic.
Question of the Day: Researchers have found five ways that spending money can make us happy. Can you name two of them? - Blog
Hat tip to Nick Maggiulli of Dollars and Data blog for highlighting this research from . Answer: Buying experiences Treating yourself (on occasion) Buying extra time Paying upfront (i.e. all-inclusive vacations) Spending on others Questions: What are ways that you spend money that bring happiness to you? Do they fit into any of these five categories? Why do you think that researchers found that "buying experiences" might create more happiness than buying "things?" Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Be...