Unemployed workers derive utility from not working
Here's a nice graphic showing the time use data from the American Time Use Survey. In a typical day, unemployed people spend:- 29 more minutes than employed people looking for jobs
- 54 more minutes sleeping
- 29 more minutes socializing
- 52 more minutes watching TV or movies
- 15 more minutes playing sports or on the computer
- 0 more minutes volunteering
- 47 more minutes doing housework