Leap Day: 1/366th of the economy

Are today's economic benefits really worth leaping over?

This final note today: the economic advantages of adding a day to the year.

Not a whole lot, it turns out.

1/366th of added economic activity doesn't really do much in the grand scheme of things.

Individually, though, think about this:

If you get an hourly wage, today was a chance to earn a little bit more money.

If you're on salary, you basically worked for free today.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, the most widely heard program on business and the economy in the country.


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