Posts Tagged ‘BLS American Time Use Survey’

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    Human Capital: 20th Century Time Use and Jelly Beans

    Aug 10, 13 • 192 Views • Economic Growth, Economic History, Economic Thinkers, Education, Gender gap, Households, Labor, Macroeconomic MeasurementNo Comments

    If you live close to the average of 79 years, using 28,835 jelly beans to represent each day, here is how you might spend your life: In a 1930 essay, “Economic Possibilities for Our Grandchildren,” economist John Maynard Keynes predicted that...

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    The Market System: How We Spend Our Time

    Jun 22, 13 • 356 Views • Gender gap, Government, Households, Labor, Lifestyle, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    During a typical day, we spend our time working, relaxing, sleeping, caring for others, caring for ourselves, doing housework and attending to an assortment of minor and major miscellany. Last Thursday, in its annual American Time Use Survey, the BLS (Bureau...