Monday, September 03, 2007
American Productivity and Job Satisfaction
How do American compare to their counterparts around the world? Bradley S. Klapper of the Associated Press (AP), reports in the Washington Post that Americans get more done per hour than everyone but the Norwegians (source U.N. report). Americans work an average of 1,804 hours a year (2006). This amount is less than the Europeans but almost 400 hours more than the average Asian. Yet Americans produce more. Why? Our increased productivity "has to do with the ICT (information and communication technologies) revolution, with the way the US organizes companies, and the high level of competition in the country," said Jose Manuel Salazar, the International Labor Organization's head of employment.
Well, you might ask, are American workers satisfied with their jobs? The MSM would have us believe we are not. However, facts counter that meme.
An amazingly high percentage of Americans like their jobs. Data by the General Social Survey (GSS - 2002) discovered that 89% of us are very or somewhat satisfied with our jobs; 11%, not so satisfied. Maybe these statistics are different among "good" job holders and "bad" job holders? Or maybe between those with low incomes and little education. Not so - 9/10 are satisfied regardless of income, degrees, etc. 87% of "working class" people are satisfied.
If "working class" people could go to the beach instead of working, would they be happier? Again, the answer is "no" - most, along with others would keep working.
Most of us are functioning pretty well by working and are satisfied with our work. This attitude may also be a key reason Americans score better than Europeans on happiness surveys. In turn, this attitude towards work contributes to our productivity.
Labels: economics






