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Sunday, August 14, 2011

The Work Buzz's Latest News: Who works the most?



The Work Buzz's Latest News: Who works the most?


Posted: 12 Aug 2011 08:15 AM PDT
Time is a relative concept. Don't worry, we're not talking in an Einstein, speed-of-light kind of way. We mean in a practical, "time flies when you're having fun" kind of way.
Most of us feel like times when we're enjoying ourselves go by quicker, while times when we're unhappy, bored or stressed seem to drag on forever. This is why sometimes, when you're at work, you can feel like you've had the longest day of your life before you even take a lunch break.
Because everybody feels like they put in long hours on the job, we wanted to figure out which workers actually do work the longest hours. So, we dug up some statistics on who puts in the most time at work, below.
The industries that work the most
You'll probably be surprised to know that, at 44.2 hours per week, workers in mining and logging put in the most hours on the job, according to July 2011 data from the Bureau of Labor Statistics. Those in mining and logging were followed by workers in:
  • Utilities
41.7
  • Durable goods
40.6
  • Manufacturing
40.3
  • Goods-producing
39.8
  • Nondurable goods
39.8
  • Wholesale trade
38.6
  • Transportation and warehousing
38.6
  • Construction
38.3
  • Financial activities
37.4
  • Information
36.6
  • Professional and business services
35.7
  • Trade, transportation, and utilities
34.5
  • Private service-providing
33.2
  • Education and health services
32.9
  • Retail trade
31.4
  • Leisure and hospitality
25.8




Since the weekly averages above encompass broad industries, though, employees in the jobs and subsectors within each industry may be required to put in far more time.
Doctors, for example, fall under the "education and health services" umbrella, but most work more than the industry average of 32.9 hours per week. According to BLS data, in 2008, 43 percent of physicians and surgeons worked 50 or more hours each week.
Similarly, those who work in investment banking, a subsector of the "financial activities" industry, also typically put in longer hours than the weekly average suggests.
According to Finbox.com, an online community for professionals in financial services, employees at large investment banks work closer to 60 hours per week. For example, employees at Piper Jaffray, the bank with the longest hours, work an average of 59.9 hours per week; while at both Credit Suisse and Macquarie, the two banks with the second-longest hours, workers averaged 57.8 hours per week.
The states that work the most
According to a 2010 report from the U.S. Labor Department, residents of Nevada put in the most time at work, averaging 37 hours per week. Rounding out the top-10 states with the longest workweeks were:
  • Wyoming                             36.7
  • Louisiana                             36.5
  • Texas                                    36.3
  • Kentucky                             36.2
  • Alabama                              36.0
  • District of Columbia         35.8
  • Mississippi                          35.6
  • South Carolina                   35.6
  • Oklahoma                           35.5
 Does this seem accurate to you? How many hours per week do you usually work? Let us know in the comments section, below.

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