We know we like our soccer in Seattle, but were we really $6 million less productive during the just-finished World Cup?
That’s what a New York personal finance advice firm says.
We ranked No. 7 in lost productivity, with Los Angeles leading the list at nearly $20 million lost money from you people watching the games during working hours, says SmartAsset.
Worldwide, lost productivity was estimated by SmartAsset at more than $7 billion.
Surprisingly, the U. S. led in lost productivity during the games with $2 billion, followed by host country Brazil at $970 million, World Cup-winner Germany at $750 million and England at $640 million.
It’s not that we’re so soccer-mad, says company spokeswoman AJ Smith, but because our wages are high in comparison to a country like Brazil, and our population is 3.7 bigger than a country like Germany that has more comparable wages. And, she says, a lot of the games fell during our working hours.
For U. S. cities, here’s the list of lost productivity, according to SmartAsset:
1.) Los Angeles – $19,469,135
2.) NYC – $18,054,129
3.) Chicago – $10,352,261
4.) San Francisco – $9,081,258
5.) DC – $7,152,184
6.) Dallas – $6,927,455
7.) Seattle – $6,237,254
8.) Boston – $4,916,968
Here’s a link to the complete list of countries and the methodology used.
Erik Lacitis: 206-464-2237 or firstname.lastname@example.org