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U.S. workers spend 7.7 minutes per gallon of gasoline, Joe Weisenthal notes

U.S. workers spend 7.7 minutes per gallon of gasoline, Joe Weisenthal notes
U.S. workers need 7.7 minutes per gallon

Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., shares a metric from Drew Matus at MetLife comparing labor time needed to purchase a gallon of gasoline.

According to Weisenthal, since 1992, the average worker in the U.S. has spent about 7.2 minutes of work per gallon of gasoline, but this figure has recently risen to 7.7 minutes.

Weisenthal has previously highlighted moves in major indices, noting a 0.02 percent drop in S&P futures following a news event. He has also examined monetary responses to inflation pressures, focusing on how central banks adapt policy amid recurring supply side shocks. These reports add further context to his tracking of cost-of-living metrics.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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