What has happened to the typical American workweek over the past century? What has happened to the composition of the workforce and the employment population ratio?
Analysts have argued that the workweek has increased substantially over the past century as compared to the workweek in 1800s. Thus, for the typical American the workweek has increased over time.
The Job composition has continued to shift overtime. The percentage of the U.S.population employed in production has dropped considerably. The percentage of the workers employed in business and financial operations, education, healthcare and service industries has increased.
The employment to population ratio has remained considerably stable. The latest data shows the employment population ratio of around 53.9 per cent.
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