Number of Americans Taking Vacation Hit a Low Point

Tuesday, July 26, 2011

Young girl and her father at the Coney Island beach the Friday before Memorial Day. (Stephen Nessen/WNYC)

A 2011 poll conducted by Marist found that only 45 percent of respondents plan to take a vacation this summer. That’s the lowest number in the survey’s 11 year history. And only 35 percent of those who are planning getaways will be taking longer trips, as opposed to weekend jaunts. Why aren't more Americans taking vacations? And how does forgoing vacations affect both employers' and employees' bottom lines?

Wallace Huffman, labor economist with Iowa State University, talks about why people are not taking vacation this summer. Lee Burbage, chief people fool at The Motley Fool, forces his employees to take vacation time.

Guests:

Lee Burbage and Wallace Huffman

Produced by:

Kristen Meinzer and Duncan Wilson

Comments [2]

Company I work finally got busy and could not take annual July shutdown. May take a week at Christmas time instead. Depends on business volume over next few months.

Jul. 27 2011 07:30 AM
Reeves Middleton from Maryland

Huffman is going by the book. Let's here more from Lee Burbage and The Motley Fool about how their environment is working for their employees. Maybe Lee has some ideas for the assembly line worker.

Jul. 26 2011 10:42 AM

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