Opinion

Spending time wisely

Karl Handscomb
Parents looking after their children more has mixed implications for them, says our columnist Karl Handscomb
Karl Handscomb, senior economist, The Resolution Foundation
Karl Handscomb, senior economist, The Resolution Foundation

There are just over ten thousand minutes in a week, although hopefully you are sleeping for a large portion of those. But how we spend the rest – our waking hours – really defines our lives: be it working, housework, looking after the kids, or sitting on a warm beach (maybe one day). These decisions on how we balance our time are obviously important to our well-being, but as any parent will attest, finding that balance is far from easy.

New research by the Resolution Foundation, which looks at how the UK spends its time, has unpicked some key insights on this topic. Despite large improvements in household incomes since the 1970s, we haven’t traded off any of that improvement by reducing our working time.

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