When a recession hits, hours worked falls
Monthly hours worked per capita
1978
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
2024
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92hrs
1980s recession
1990s recession
Dotcom bubble
GFC
Covid recession