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Forbes
6 days ago
- General
- Forbes
What Time Poverty Is Costing You And How To Take Control
Workers across industries are feeling the strain of time poverty as responsibilities outpace ... More recovery. It's Sunday night, and you're winding down from the weekend. Just as you begin to relax, a quiet storm rolls in; your mind fills with everything the week demands. Deadlines, meetings, errands. One by one, they stack up. That familiar weight settles in. The week hasn't started, but already, anxiety takes over with a feeling of having no time. Time poverty isn't a new concept. The chronic feeling that there's never enough time, coined by Claire Vickery in 1977, has gained significant traction over the decades as the next silent epidemic stigmatizing corporate cultures. Although it affects workers in and out of the office, the same trend also presents fertile ground for bold solutions. A Lane Report study revealed that nearly two-thirds (62%) of Americans don't use all of their paid time off. A comprehensive survey found this trend is climbing, just shy of doubling from 2020. Five and a half percent of American workers did not take any paid time off in 2023. The Harvard Business School conducted a study that found time poverty takes a serious toll on well-being, physical health and productivity. In the study of 2.5 million Americans, the impact of feeling chronically short on time was more damaging to well-being than unemployment. Yet despite its wide-reaching effects, time poverty is often dismissed. While governments and organizations invest billions in addressing material poverty, the scarcity of time remains largely unacknowledged—and, in many cases, made worse. The 'double burden,' also known as the 'second shift,' introduced by Arlie Hochschild, describes the strain faced by individuals, most often women, who juggle paid employment alongside a heavy load of unpaid caregiving duties. This crisis is systemic. Time poverty thrives in environments that reward overextension and undervalue recovery. By rethinking how time is structured, supported and respected, individuals and organizations can reclaim control. Beyond policy changes, companies must reimagine the lived experience of their workers. That starts with empathy. Employees lead complex lives. When leaders design systems that account for real-world constraints, employees feel seen. Flexibility stops being a perk and becomes a shared value. It's not just about optimizing hours; it's about honoring the humanity behind the work. Reclaiming time starts with the permission to value your own bandwidth. In a culture that glorifies busyness, slowing down can feel rebellious. Creating space to reset is an act of self-leadership. It signals to others that your time is worth protecting. Small shifts in awareness, routine and self-advocacy unlock a sense of agency that transforms your overall well-being. Reclaiming time requires both systemic change and individual boundaries. Policymakers shape the canvas. Laws supporting programs like universal paid family leave, legislated scheduling rights and public childcare help create time equity. Time poverty is more than a personal issue; it's an organizational and societal challenge that contributes to stress, burnout and health crises. But it also presents an opportunity. With structural support, time can become a renewable asset instead of a dwindling liability.
Yahoo
19-04-2025
- Business
- Yahoo
How much are you spending on Easter?
Happy Easter Eve. How much did you spend on Easter this year? The National Retail Federation says we're expected to spend $23.6 billion nationwide. The record was $24 billion in 2023. 'While there is undoubtedly some uncertainty in our current economic landscape, we are thankfully seeing strong indicators of a healthy retail environment,' Tod Griffin, president of the Kentucky Retail Federation, said in a news release. The top categories for Easter shopping are candy, food, gifts, decorations and clothing. • Oralis Radilla is adding a third Mexican restaurant to her holdings. She owns Don Mario's downtown and Real Hacienda on south Frederica Street. And now, Radilla is adding Don Mario's Windridge on the east side of town. The new restaurant will be in the Windridge Country Club. J's Good Grub, which has been at the country club for several months, will be at the Locker Room, 224 Carlton Drive, according to owner Jay Johnson's Facebook page. • S&P Global Market Intelligence says more companies filed for bankruptcy protection in the first three months of this year than in the first quarter of any year since 2010. The report said 190 companies filed for bankruptcy protection through March. • Kentucky Realtors, the largest professional association of realtors in the state, says $1.06 billion of real estate was sold in Kentucky last month. That's down 4.2% from a year ago, but up 21.7% from February. The number of listings sold was down 7.6% from last year but up 22% from February. The median price was $265,000 and the median days on the market was 25. 'Buyers and sellers are continuing to engage with confidence, and the linear price appreciation shows the value of homeownership in our communities,' Josh Summers, CEO of the organization, said in a news release. • The Lane Report says Kentucky ranked 31st in the nation in new business applications last year. It says the state had more than 54,000 applications in 2024. • This isn't good news for older workers. The Lane Report said Kentucky ranked 47th among the best states for senior workers. That came from which based its rankings on age-related discrimination, labor force participation, income, remote work, income taxes and new business growth. The report said a record 11.2 million Americans ages 65 and older are currently in the workforce. And that's expected to climb to 14.8 million by 2033. The U.S. Bureau of Labor Statistics predicts a 79% increase in workers ages 75 and up and a 22.4% increase among those ages 65 to 74.
