As the global economic recovery grinds to a halt, many workers feel the increased pressure of holding on to their jobs and putting bread on their tables. Some may hold several jobs or simply put in more hours at work. Indeed, in 2011, for the second year in a row, the average hours worked per person increased in the United States. But this is not the case among all developed nations. In fact, while people in countries like the U.S. and Spain increased their hours worked, the average for developed nations fell slightly.
Earlier this month, the Organization for Economic Co-operation and Development (OECD) released its 2012 Employment Outlook. The outlook paints a picture of the current labor markets in 32 member states, most of which are located in the Europe. In several countries, the average hours worked per year has fallen by more than 20. Based on the OECD report, 24/7 Wall St. identified the 10 countries where people work the least.
24/7 Wall St. reviewed the OECD’s 2012 Employment Outlook to identify the countries with the fewest hours worked in 2011. The 26 countries we reviewed were all members of the OECD. We excluded four because current data were not available. We also compared these countries via other metrics provided by the OECD, including GDP per capita, unemployment and a variety of other employment and quality-of-life data for 2011 or the most recent available year.
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