Current:Home > StocksTradeEdge-Europe gets more vacations than the U.S. Here are some reasons why. -Elevate Capital Network
TradeEdge-Europe gets more vacations than the U.S. Here are some reasons why.
NovaQuant View
Date:2025-04-11 00:53:24
Do you work more for more money?TradeEdge Or work less for more time? For some, this is the ultimate economic choice.
Every single worker in the European Union is guaranteed four weeks of paid vacation. No matter how long they've been at a company. No matter how low paying the job is. Vacation is a right.
In fact, all but one of the richest countries in the world guarantees paid vacation, except: the U.S.
According to a 2019 study, people in Japan get 10 paid vacation days and 15 paid holidays; in Australia it's 20 paid vacation days and 8 paid holidays; and in Spain it's 25 paid vacation days and 14 paid holidays.
And it's not just a rich country thing: Mexico, Afghanistan, Thailand, Tanzania - they all guarantee paid vacation from work, at least in the formal job sector.
In the U.S: Zero paid vacation days and zero paid holidays.
So, why is the United States the outlier? We go to several labor economists and historians, to find out what makes Americans different from Europeans. It's a winding journey, so maybe put in a request for some paid time off and take a listen!
Some articles we mention in this episode:
- "No Vacation Nation"
- "Study: A Record 768 Million U.S. Vacation Days Went Unused in '18, Opportunity Cost in the Billions"
- "Why the US is one of only a few countries with no paid time off"
This episode was hosted by Sarah Gonzalez, produced by Sam Yellowhorse Kesler, edited by Jess Jiang, engineered by Maggie Luthar, and fact-checked by Sierra Juarez. Alex Goldmark is our executive producer.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
Music: Universal Production Music - "Street Cafe," "Cocktails and Chill," and "Beach Party"
veryGood! (72)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Star witness Caroline Ellison starts testimony at FTX founder Sam Bankman-Fried’s trial
- Scrutiny of Arkansas governor’s $19,000 lectern deepens after new records are released
- Funeral services pay tribute to North Dakota lawmaker, family lost in Utah plane crash
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Thousands across US gather for vigils, protests over Israel-Hamas war: 'Broken the hearts of many people'
- UEFA picks UK-Ireland to host soccer’s 2028 European Championship. Italy-Turkey to stage Euro 2032
- The Best Amazon October Prime Day 2023 Deals Under $25
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- New Mexico governor defends approach to attempted gun restrictions, emergency order on gun violence
Ranking
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Rome buses recount story of a Jewish boy who rode a tram to avoid deportation by Nazis. He’s now 92
- Rome buses recount story of a Jewish boy who rode a tram to avoid deportation by Nazis. He’s now 92
- What is Hezbollah? The militant group has long been one of Israel's biggest foes
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Pennsylvania universities are still waiting for state subsidies. It won’t make them more affordable
- 'Fair Play' and when you're jealous of your partner’s work success
- 6.3 magnitude earthquake shakes part of western Afghanistan where earlier quake killed over 2,000
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
Bad Bunny announces new album 'Nadie Sabe Lo Que Va a Pasar Mañana,' including release date
Black man was not a threat to Tacoma police charged in his restraint death, eyewitness says at trial
Mario Cristobal takes blame for not taking knee in Hurricanes' loss: 'I made a wrong call'
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Hamas militants held couple hostage for 20 hours
NY congressman says he would support bill linking Ukraine and Israel aid
Cowboys owner Jerry Jones still believes Dak Prescott can take team to Super Bowl