
by Laura Stack, MBA, CSP, CPAE "The two most powerful warriors are patience and time."—Leo Tolstoy, Russian novelist, in War and Peace. Late in June 2022, the U.S. Bureau of Labor Statistics released the results of the previous year’s American Time Use Study (ATUS), as it has annually since 2003. I've reported on it each year for more than a decade. The ATUS data for 2020, released in 2021, reflected significant effects from the COVID-19 pandemic that has gripped the nation since March 2020. Fortunately, during 2021, the crisis loosened its stranglehold on the economy, allowing it to bounce back to pre-plague levels. However, the economy has since fallen behind again due to the rise of the worst inflation since the 1980s (sure to be a significant factor in next year's report). A … [Read more...]