Boomer life according to the economist
Discussion
Condi said:
Steve H said:
Bloody work-shy millennials 
Don't we work, on average, more hours now than any time in the past? I used to routinely do 50-60+ hrs a week and now don’t but that’s an age privilege that I expect most generations will get if they manage it properly.
Steve H said:
Condi said:
Steve H said:
Bloody work-shy millennials
Don't we work, on average, more hours now than any time in the past? I used to routinely do 50-60+ hrs a week and now don’t but that’s an age privilege that I expect most generations will get if they manage it properly.
havoc said:
Steve H said:
...that’s an age privilege that I expect most generations will get...
Peak boomer, right there ladies and gentlemen!Peak entitled millennial to think they are getting it harder not easier and to expect all the privileges without having to put the work in first
.To answer Condi’s question it would seem that work hours are on average shorter now, not longer.
Steve H said:
To answer Condi’s question it would seem that work hours are on average shorter now, not longer.
But unpaid overtime is a lot more prevalent. Historically o/t would be paid or rewarded with TOIL. More recently it's just become part of the job for many.I wonder if that would skew the statistics at all?
Condi said:
Maybe the statistic was household working hours higher, with most households having 2 working people vs 1 or 1 and 1 part time in the past.
If people are working less then that's great. There is more to life than work.
ISWYM though work is part of life and work can be a very enjoyable part of life. There have been many occasions in my working life, possibly for others too, when I would not have wanted a free holiday had one been offered at that time, as work was far too interesting and emjoyable to leave for a bit of sun, some new sights, different food and so on. In fact holidays have needed very careful planning to avoid being a pain in the ass. Life and work differ a lot with different people and different work. However this is a tad O/T.If people are working less then that's great. There is more to life than work.
turbobloke said:
ISWYM though work is part of life and work can be a very enjoyable part of life. There have been many occasions in my working life, possibly for others too, when I would not have wanted a free holiday had one been offered at that time, as work was far too interesting and emjoyable to leave for a bit of sun, some new sights, different food and so on. In fact holidays have needed very careful planning to avoid being a pain in the ass. Life and work differ a lot with different people and different work. However this is a tad O/T.
Judging by the proportion of the boomer generation who had the the opportunity to retire early and took it, perhaps not a ubiquitous position.otolith said:
Judging by the proportion of the boomer generation who had the the opportunity to retire early and took it, perhaps not a ubiquitous position.
...and by the time you've worked 30+ years of your life, the (financial) opportunity to do something different / be in control of your own time would appeal to most people, I'd suggest. Shame that most Gen X and below are unlikely to get that opportunity until they've worked closer to 50 years...
havoc said:
But unpaid overtime is a lot more prevalent. Historically o/t would be paid or rewarded with TOIL. More recently it's just become part of the job for many.
I wonder if that would skew the statistics at all?
Maybe, although I would have thought they would have surveyed actual working hours not just contracted hours. I wonder if that would skew the statistics at all?
That chart came from here but most stuff I could find was similar.
https://neweconomics.org/2019/03/average-weekly-ho...
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hstewie said:
hstewie said: Love this idea that working hard is all about the hours 
It’s certainly a factor I would say. But I wouldn’t think that the average job now is as physically hard as 30-40 years ago in which case they were working harder and longer. Maybe stress levels are higher now but they may just be more acknowledged.Condi said:
Maybe the statistic was household working hours higher, with most households having 2 working people vs 1 or 1 and 1 part time in the past.
If people are working less then that's great. There is more to life than work.
Totally agree. If people are working less then that's great. There is more to life than work.
havoc said:
...and by the time you've worked 30+ years of your life, the (financial) opportunity to do something different / be in control of your own time would appeal to most people, I'd suggest. Shame that most Gen X and below are unlikely to get that opportunity until they've worked closer to 50 years...
havoc said:
...and by the time you've worked 30+ years of your life, the (financial) opportunity to do something different / be in control of your own time would appeal to most people, I'd suggest. Shame that most Gen X and below are unlikely to get that opportunity until they've worked closer to 50 years...
Sheepshanks said:
NRS said:
A good policy could be to give Millenials and younger a £140 000 grant from the government to help with house purchases to balance things up.
Hmm……guess what would happen?-hand out £140k lump sums in such a way it can only be used with a house purchase only (otherwise toppish end cars, gadgets, holidays etc)
-demand through the roof
-prices through the roof
and
-more government borrowing for future generations to pay back in higher taxes
How did it do? It doesn't have a roof, or a credit rating, so may be bubbling b
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