Tuesday, February 19, 2008

Leisure Preference

The graph shows the percentage of respondents (in the active work force) who preferred "greater purchasing power" (upper curve) to "more leisure time" (lower curve). What do you think accounts for the reversal of trend circa 2000? Source: CAE Report 73, "Mesurer le pouvoir d'achat," p. 10.


yan said...

While people always appear to have a preference for greater purchasing power, the introduction of the 35 hour week in 2000 certainly seems to have satisfied most people's desire for more leisure.What is intriguing is the sudden increase in the desire for more purchasing power in the period 2005-2007. Any thoughts on what is driving this?

Anonymous said...

Inflation certanily is a driver, especially if highly visible (like gas price).

Also, after the 35hrs week, lots of people had plenty of extra free time (i.e. "des RTTs"), but no extra income. I would argue that leisure time, without the means to fully enjoy it leads to frustration about one's purchasing power.

Anonymous said...

Passerby is right. Disposible income/buying power and leisure/vacation are fungible: more cash means better quality leisure and holidays. Simply having time off without the "liquide" to enjoy it is maddening. I think the survey shows that the economy has tightened and people have less discretionary income.