@TechReport{iza:izadps:dp17162, author={Biddle, Jeff E. and Hamermesh, Daniel S.}, title={Adjusting Labor along the Intensive MarginS}, year={2024}, month={Jul}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={17162}, url={https://www.iza.org/index.php/publications/dp17162}, abstract={We expand the analysis of cyclical changes in labor demand by decomposing changes along the intensive margin into those in days/week and in hours/day. Using large cross sections of U.S. data, 1985-2018, we observe around ΒΌ of the adjustment in weekly hours occurring through changing days/week. There is no adjustment of days/week in manufacturing; but 1/3 of the adjustment outside manufacturing occurs through days/week. The desirability of bunched leisure implies that secular shifts away from manufacturing have contributed to increasing economic welfare.}, keywords={days;labor demand;work hours;recessions}, }