It has been reported that people in industrialized countries are losing more sleep than ever, and it's probably more costly than you think.
According to a report from the New York Times, which cites information from RAND Corporation, America leads the rest of the world where it pertains to the workforce generally not getting enough sleep. And the lack thereof has resulted in more than $400 billion in economic losses every year, as well 1.23 million lost work days on a yearly basis.
Japan is the next most affected nation and, while their $138 billion in losses are significantly lower than that of the US, the figure represents a bigger share of their economy.
More individuals have been complaining of lack of sleep on a daily basis in than ever before, with 20 to 30 percent of workers reported as doing so in recent times.
“Inadequate sleep is too easily accepted into the community as part of life,” Dr. David Hillman, a clinical professor at the University of Western Australia who studies sleep deficiency," explained. "In many work settings, sleep is an indulgence.
“It’s a huge problem that translates into enormous costs. And it’s a call to not only mitigate the suffering, but also to mitigate the costs.
“Changing the positive mindset around inadequate sleep as a lifestyle is necessary to safeguard one’s health. A company performs well when managers are aware of the wellness of their employees."
Unhealthy sleeping habits also reduce safety and productivity in the workforce, but it's harder to quantify losses on that front. However, events such as the Challenger space shuttle accident was linked to human error caused by a lack of sleep.
Dr. Hillman advises that more people should be educated about the importance of sleep, especially at a young age.
Basically, it's much safer for individuals to actually be afraid of losing sleep, but not to the point where the thought keeps you up at night. Extensive research has prompted a positive shift where sleep and sleep education is concerned. But, given the above, it's still a very big problem.