The Economic Cost of Hangovers

By Derek Thompson

July 5, 2013

The Fourth of July is beer's annual breakout party, with weekly sales often surpassing $1 billion around Independence Day. So when the Fifth of July falls on a weekday like this year, employers are advised to, well, manage their expectations.

Excessive drinking costs the economy more than $220 billion -- or about $1.90 per drink, according to the Center for Disease Control and Prevention, which studies the negative externalities of alcohol consumption each decade. Seventy-two percent of the costs came from lost workplace productivity, according to the 2006 survey, which suggests that the economic drag from hangovers is about $160 billion  (... also the total cost of natural catastrophes in 2012.)

Read more at The Atlantic.

(Image via Matthias G. Ziegler/Shutterstock.com)


By Derek Thompson

July 5, 2013

http://www.govexec.com/excellence/promising-practices/2013/07/economic-cost-hangovers/66098/