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(NBC News)   Since it's almost six whole months until the Super Bowl, here's the boilerplate "how much will lost productivity cost American businesses" article, eclipse edition. (TL/DR: $694M)   ( nbcnews.com) divider line
    More: Stupid, Challenger, Employment, Super Bowl, National Football League, firm Challenger, average hourly wages, special viewing glasses, Andy Challenger  
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313 clicks; posted to Business » on 19 Aug 2017 at 7:34 PM (16 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



22 Comments     (+0 »)
 
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2017-08-19 06:49:18 PM  
I'm sure their assumptions are made upon the fact that everyone works straight through every minute of their day (unless, of course, they're a government employee). They never take breaks and it's impossible for them to ever catch up on the work that they missed.
 
2017-08-19 07:33:39 PM  
For those following along at home, that's 4.97*(Cop Math +2).

/Feel free to round up.
 
2017-08-19 07:54:48 PM  

Demetrius: I'm sure their assumptions are made upon the fact that everyone works straight through every minute of their day (unless, of course, they're a government employee). They never take breaks and it's impossible for them to ever catch up on the work that they missed.


And absolutely none of them is going to schedule his lunch break during the eclipse.
 
2017-08-19 08:09:21 PM  

jimpoz: Demetrius: I'm sure their assumptions are made upon the fact that everyone works straight through every minute of their day (unless, of course, they're a government employee). They never take breaks and it's impossible for them to ever catch up on the work that they missed.

And absolutely none of them is going to schedule his lunch break during the eclipse.


Or use their PTO/vacation day to take the day off.
 
2017-08-19 08:09:38 PM  
I am surprised there isn't an article about how much church time is avoided because of the Super Bowl.
 
2017-08-19 08:16:25 PM  
So am I supposed to work less now to fulfill my quota? These studies are confusing
 
2017-08-19 08:23:57 PM  

Demetrius: I'm sure their assumptions are made upon the fact that everyone works straight through every minute of their day (unless, of course, they're a government employee). They never take breaks and it's impossible for them to ever catch up on the work that they missed.


As a government employee I resemble your remark.
 
2017-08-19 08:35:54 PM  

TheFoz: Demetrius: I'm sure their assumptions are made upon the fact that everyone works straight through every minute of their day (unless, of course, they're a government employee). They never take breaks and it's impossible for them to ever catch up on the work that they missed.

As a government employee I resemble your remark.


I was kinda mocking the people that think the only people that slack off on their jobs are government employees.  Kinda like the same people that think the only people ever to frequent doughnut shops are cops.  They're just the ones you notice.
 
2017-08-19 08:56:25 PM  
cdn.meme.amView Full Size
 
2017-08-19 10:05:48 PM  
If it happens every year then businesses have already built it into their cost models so it really isn't "lost productivity"

/DRTFA
 
2017-08-19 10:13:56 PM  
The U.S. annual GDP is around $19 TRILLION.

Divide $700Million into $19Trillion, and the resulting percentage is the macroeconomic analog of sofa cushion change.
 
2017-08-19 10:15:13 PM  
And the tourism revenue is probably a hell of a lot more than $700M if a Super Bowl is good for ~$200M and the eclipse is the equivalent of 10-20 of them scattered nationwide.
 
2017-08-19 10:33:33 PM  
It would be more if someone figured out how to have box pools on the eclipse.
 
2017-08-19 10:43:47 PM  
 
2017-08-20 12:38:46 AM  
Well, that appears to have started in the 4th quarter where they clearly laid off the ball inflation staff. That's gotta be...what, a couple hundred bucks right there?
 
2017-08-20 12:46:31 AM  
But the eclipse is happening around lunch time for many, so they will already be on break.
 
2017-08-20 04:59:29 AM  
Hey guys, it's not really "lost" productivity when people take a few minutes out of their workday to do something other than work. They'd be talking about Game of Thrones or their kids, or sitting on the toilet playing with their phone, or whatever. People are people, not perfect robots that spend 100% of their time at work actually performing tasks.

You also can't count people who use a vacation day - they were probably going to use that paid time off at some point in the year anyhow. Same for anyone who views the eclipse during their lunch break or a smoke break - they were already going to be spending that time not working.

You also can't count people who can look at the eclipse while continuing to work. Some people work outdoors. Some people work from home. Some people are working just by being at the workplace and ready to spring into action when needed. I had a job in a call center where (provided I was by a window that day) I could have easily looked at the sky while continuing to work.

And you have to factor in all the economic activity generated by people who are traveling or buying accessories and merchandise for the event. Those hotel rooms and restaurant meals and gallons of gas bought by travelers and enthusiasts will offset a fair number of people who screw off to go stare at the sun while on the clock.
 
2017-08-20 09:16:31 AM  
I live about 90 minutes south of the path of totality in GA (Atlanta region); was thinking about driving into the zone around Toccoa, but judging by the reports, it doesn't seem possible to reach the area with the amount of people already heading that way and traffic anticipated.  So I guess I will just go to work instead.

school are excusing absences and expecting very low attendance.

time to start planning for 2024 I guess.
 
2017-08-20 10:38:46 AM  

Demetrius: TheFoz: Demetrius: I'm sure their assumptions are made upon the fact that everyone works straight through every minute of their day (unless, of course, they're a government employee). They never take breaks and it's impossible for them to ever catch up on the work that they missed.

As a government employee I resemble your remark.

I was kinda mocking the people that think the only people that slack off on their jobs are government employees.  Kinda like the same people that think the only people ever to frequent doughnut shops are cops.  They're just the ones you notice.


I used to want to be a government employee, until I figured out the slacking off stuff was exaggerated.
 
2017-08-20 02:30:27 PM  
Bull. Farking. shiat.
 
2017-08-20 03:40:44 PM  
This firm puts out this BS calculation every time they think they can.  No economist with a brain thinks this is anything other than a joke.

Don't do business with this crappy firm.
 
2017-08-20 06:57:46 PM  
Middle management drones who barely do two hours of useful work in an entire week will use this to crap all over the people who actually get stuff done. Or as the employees call it, an average normal day.
 
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