World top ten hardest working countries

10. Slovenia
World top ten hardest working countries
 Average Hours Worked: 8.15
Slovenia rounds out the top 10 in terms of average hours worked among the population of OECD member states, possibly as a result of the fact that Slovenians do three hours and 51 minutes of unpaid work each day, 24 minutes more than the OECD average. Slovenia also has the lowest income inequality in OECD and the ninth – lowest relative income poverty rate at 7.8 percent of its population. Slovenia registered a big fall in infant mortality in the last generation and has the second lowest rate in the OECD of 2.1 per 1,000 live births, just after Luxembourg. But the country is rated in the highest third of the OECD for perceived corruption and the lowest third for confidence in national institutions. The Organization for Economic Cooperation and Development’s (OECD) released its ‘Society at a Glance’ survey, which investigated the number of hours the population of its member countries spent in both paid and unpaid work (defined as working at home or doing volunteer work), as well as how much time people spent in leisure activities. Lets take a look at which countries are among the world’s busiest and hardest-working nations? 

09. USA
World top ten hardest working countries
Average Hours Worked: 8.16
According to the OECD the U.S. is only ranked ninth among the hardest working nations. However, at $31,000, the U.S. has the second – highest average household income after taxes and benefits in the OECD, after Luxembourg. But U.S. income is distributed relatively unequally, with both the fourth – highest rate of income inequality and relative poverty (17.3 percent of people are poor compared to an OECD average of 11.1 percent) in the OECD. People in the U.S. have a life expectancy of 77.9 years, lower than the OECD average of 79.3 years, despite having the highest public and private spending on health at 16 percent of GDP, considerably higher than the OECD average of 9 percent.

08. New Zealand
World top ten hardest working countries
 Average Hours Worked: 8.18
New Zealand may not be famed for its work ethic, but it actually ranks quite high. Unpaid work in New Zealand accounts for 43 percent of Gross Domestic Product (GDP), the third highest in the OECD after Australia (46 percent) and Portugal (53 percent). Along with Israel, Iceland and Turkey, New Zealand is one of only four OECD countries with a fertility rate at 2.14 children per woman, sufficient to replace the population in the coming generation.

07. China
World top ten hardest working countries
 Average Hours Worked: 8.24
The research also included non-OECD member countries such as China, India, South Africa, and Brazil because all are “enhanced engagement countries” — which means OECD members have opted to forge a more structured and coherent partnership with them. The research states that, at less than an hour, both men and women spend very little time on unpaid work in China, in comparison with other countries, particularly in terms of cooking and cleaning. Meanwhile, at 12.29 births per 1,000 of the population, China has one of the lowest birth rates in the world, equal to France and the United Kingdom. The average birth rate stands at 1.54 children per woman.
06. Austria
World top ten hardest working countries
 Average Hours Worked: 8.29
At nearly 8 1/2 hours of work per day, Austrians have the sixth – highest total time spent working – both paid and unpaid – in the OECD. (The OECD average is 8 hours.) Austria also has the fifth – lowest unemployment rate in the OECD at 4.8 percent – far lower than the average OECD rate of 8.1 percent. Austria has low income inequality and poverty rates with around 7.2 percent of the population on relatively low income or classed as being in poverty in both cases.

05. Estonia
World top ten hardest working countries
 Average Hours Worked: 8.36
At 8 hours and 36 minutes, Estonians – yes we did say Estonians – have the fifth – highest total work time in the OECD, well over the OECD average of 8 hours and 4 minutes. At 3 hours and 52 minutes, Estonians do the fourth – highest unpaid work time after Turkey, Mexico and Australia, and well above the OECD average of 3 hours and 28 minutes. However, at 14.1 percent , Estonian unemployment is also the third – highest in the OECD, six percentage points above the OECD average of 8.1 percent.

04. Canada
World top ten hardest working countries
 Average Hours Worked: 8.37
Canadians have the second – highest rate of “positive experiences” in the OECD after Iceland – feeling well-rested, being treated with respect, smiling, doing something interesting, and experiencing enjoyment. At the same time, Canadians have above OECD average “negative experiences,” such as pain, worry, sadness, stress and depression. Canada has the sixth highest proportion of its population foreign-born in the OECD at 20 percent, nearly double the OECD average of 11.7 percent.

03. Portugal
World top ten hardest working countries
 Average Hours Worked: 8.48
While some people might think that the Portuguese live a relaxed Mediterranean lifestyle, they in fact rank among some of the hardest – working in the world. Men do nearly two hours of unpaid work in Portugal, compared to less than an hour in other OECD countries such as Korea and Japan. The amount of time devoted to unpaid work accounts for up to 53 percent of gross domestic product (GDP) in the country, the highest proportion of all OECD countries, compared to 19 percent of GDP in Korea. Meanwhile, 60 percent of the Portuguese population spends time cooking and cleaning, spending the third largest amount of time on household chores at 110 minutes per day.

02. Japan
World top ten hardest working countries
 Average Hours Worked: 9

The second-hardest working nation among OECD member countries will probably come as no surprise to anybody. Japan’s adherence to its work ethic is legendary with company employees often competing to stay at work later than their colleagues to achieve promotion in many corporations, where company loyalty is demanded and where a job for life still means life. Japanese people work an average 9 – hour day while the unemployment at 5.3 percent is well below the OECD average of 8.1 percent.

01. Mexico
World top ten hardest working countries
 Average Hours Worked: 9.54
Recently, Richard Hammond of the TV program “Top Gear” managed to upset the Mexican Ambassador to the U.K. by suggesting that Mexicans were “lazy, feckless, flatulent [and] overweight”. The OECD’s research, however, may go some way to ward redressing the balance by showing that the Mexican people are in fact the hardest working in the world, working a total of nearly 10 hours on average every day. They also have the second-highest level of income inequality and the highest level of relative poverty among OECD countries.

Via : CNBC

Miserable Cities of America | Top Cities of America

There are many ways to gauge misery. We consider 10 factors, including unemployment, crime and taxes, and a few that are less serious, but still elevate people’s blood pressure, like the weather, commute times and how the local sports team is doing. To account for the misery caused by the housing bust we tweaked the methodology for this year’s list and considered foreclosure rates and the change in home prices over the past three years.
01. Stockton, Calif.

Unemployment has averaged 14.3% the past three years, which is third worst in the country among the 200 largest metro areas. The housing market collapsed as well, with home prices down 58% over the same time. All the California cities on the list are struggling with the inherent problems the state is facing, including high sales and income taxes and service cuts to help close massive budget shortfalls.

02. Miami, Fla.

The sun and lack of a state income tax are the only things keeping Miami out of the top spot. Foreclosures hit one in 14 homes last year. Corruption is also off the charts, with 404 government officials convicted of crimes this decade in South Florida.

03. Merced, Calif.

The economic downturn and busted housing market hit Merced harder than any other area in the country. Average unemployment of 16.2% since 2008 is the highest in the U.S., as is the city’s 64% drop in median home prices.

04. Modesto, Calif.

The median home was valued at $275,000 in 2006; today it is $95,000. And don’t leave your car on the street in Modesto, where 3,712 vehicles were stolen in 2009, making for the second-highest auto theft rate in the country. It ranked first in four of the previous five years.

05. Memphis, Tenn.

Tennessee is one of nine states without an income tax (it does tax dividends and interest income), yet it hits residents with one of the highest sales tax rates in the U.S. at 9.25%. Violent crime was down 5% in 2009 according to the FBI, but still is tops in the country.

06. Chicago, Ill.

Baseball’s Cubs used to be lovable losers, but $140 million payrolls and 102 years and counting without a World Series title is miserable. Chicago had the highest sales tax among big cities at 10.25%, but it was rolled back to 9.75% last year and now matches Los Angeles and Oakland for the top rate.

07. Cleveland, Ohio

Last year’s most miserable city drops back thanks to a housing market that never overheated and therefore hasn’t crashed like many other metros’. The weather is lousy, corruption persistent and it’s a tortured sports market, with no championships since 1964. LeBron James’ departure delivered the latest cruel blow last summer.

08. Flint, Mich.

Weather, crime and unemployment are some of the top misery factors in the birthplace of General Motors. Flint’s downward spiral is tied to GM’s pullout from the city; GM employment in Flint has fallen from 80,000 in the 1970s to less than 8,000 today.

09. Fort Lauderdale, Fla.

The party has slowed down at this popular vacation destination. The area’s economy sagged 7% between 2007 and 2009, and it has been one of the hardest-hit areas in the country with foreclosures.

10. Washington, D.C.

Washington has one of the healthiest economies in the country, thanks to spending by the federal government, but only New York area residents have worse commutes. And those Washington Redskins? Truly miserable.

Via Link

Most Oil Producer Countries of the World | Top of the World

10. Nigeria

Crude production: 2.51 million barrels per day
Share of world production: 2.95%
Daily crude exports to the US: 1.02 million barrels
Proven reserves: 37.2 billion barrels

Unrest in the Middle East has put investors on high alert as crude oil prices move seemingly with every development in the region. In order to understand the effect of those events on both US and global oil markets, a key figure to watch is the amount of crude oil produced daily in each country.
09. Brazil

Crude production: 2.75 million barrels per day
Share of world production: 3.2%
Daily crude exports to the US: 271,000 barrels
Proven reserves: 12.8 billion barrels

08.
United Arab Emirates

Crude production: 2.81 million barrels per day
Share of world production: 3.3%
Daily crude exports to the US: 10,000 barrels*
Proven reserves: 97.8 billion barrels

07. Mexico

Crude production: 2.88 million barrels per day
Share of world production: 3.39%
Daily crude exports to the US: 1.22 million barrels
Proven reserves: 10.4 billion barrels

06. Canada

Crude production: 3.7 million barrels per day
Share of world production: 4.3%
Daily crude exports to the US: 2.06 million barrels
Proven reserves: 175.2 billion barrels

05. Iran

Crude production: 4.2 million barrels per day
Share of world production: 4.9%
Daily crude exports to the US: 0
Proven reserves: 137.6 billion barrels

04. China

Crude production: 4.26 million barrels per day
Share of world production: 5.0%
Daily crude exports to the US: 8,000 barrels
Proven reserves: 20.4 billion barrels

03. United States

Crude production: 8.85 million barrels per day
Share of world production: 10.4%
Total crude imports: 8.63 million barrels per day
Proven reserves: 19.2 billion barrels

02. Russia

Crude production: 9.91 million barrels per day
Share of world production: 11.6%
Daily crude exports to the US: 158,000 barrels
Proven reserves: 60 billion barrels

01. Saudi Arabia

Crude production: 10.3 million barrels per day
Share of world production: 12.1%
Daily crude exports to the US: 1.08 million barrels
Proven reserves: 259.9 billion barrels
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