No Fee or Obligation, Call Now 866-203-3440

Billions in economic costs because of fatigued workers

Louisiana residents may be surprised to learn how a lack of sleep among the country's workers led to huge losses. According to RAND Eurpe, each year fatigued employees cause 1.2 million working days to be lost and approximately $411 billion in costs to the economy. Sleep deprivation also increases the risk for fatalities.

The study was done during 2015 and 2016 and involved more than 60,000 people employed in five different countries that were part of the Organisation for Economic Co-operation and Development. Workplace time pressures, long commutes and irregular work hours were occupational factors that were linked to insufficient sleep.

Among the five countries, America ranked the highest in relation to the number of lost working days and costs. Japan came in second place with 600,000 lost workdays and costs of $138 billion. Coming in third place was Germany, with about 209,000 lost workdays and $60 billion in costs. The U.K. ranked fourth place, with 207,000 lost workdays and $50 billion in costs, and Canada came in last with a loss of 80,000 workdays and costs of $21.4 billion.

The study revealed that lack of sleep has profound effects, not only on a person's health but also on the economy. In fact, employees who slept less than six hours each night were 13 percent more likely to die than workers who slept from seven to nine hours. If U.S. employees would simply sleep from six to seven hours each evening, about $226 billion would be added to the economy because of improved productivity levels, according to the researchers.

According to Louisiana's workers' compensation law, most employees who are injured on the job are entitled to receive certain benefits under their company's insurance coverage regardless of fault. However, if the accident happened because the injured employee was inattentive due to being sleep-deprived, it might be advisable to have legal counsel to combat a potential denial of the claim by the employer.

Source: Safety and Health, "'Massive' effects: New report says sleepy workers cost U.S. economy up to $411B annually", Dec. 6, 2016

No Comments

Leave a comment
Comment Information