Increased leisure time and reduced labor supply of young men may be partly due to the improved quality of video games, according to a working paper published in September 2017 by the U.S. National Bureau of Economic Research (NBER). The objective of the paper is to distinguish the increase in leisure due to improved leisure technology from increases in leisure due to other forces such as declining labor market
The workplace has been slow to change, considering that the world outside it has changed considerably since the cultural revolution of the 1960s. The number of millennial cohorts in the workplace (those born between 1980 and 2000 and commonly known as Gen Y) recently surpassed the number of Baby Boomers, effectively ushering out decades of dated workplace practices that no longer fit the new culture. A new Gallup study
Demographic factors and the current socio-economic context present major challenges to the statutory (i.e., state) pensions system. Lowering the statutory pension age is not an option, nor is increasing contributions. These two factors together inevitably lead to a tightening of the conditions for access to statutory pensions and to early retirement, as recent government measures in this area confirm.