Another Round?

In the forthcoming issue of The Journal of Labor Research (I eagerly await my copy each quarter) there is terrific news for all us those who insatiably thirst after the sweet, sweet nectar of alcoholic beverages. A study shows that people who consume alcohol earn significantly more at their jobs than non-drinkers. Apparently it is not the alcohol itself that makes you a better worker (though some may hold varying opinions on this point) but rather the “social capital” gained from drinking. “Social drinkers are out networking, building relationships, and adding contacts to their BlackBerries that result in bigger paychecks,” says Edward Stringham, an economics professor at San Jose State University and co-author of the study with fellow researcher Bethany Peters.

And for all you women out there (with out readership this may mean one or two) the effect of alcohol on your earning potential is even more significant. Whereas men who drink more can expect a 10 percent bump in salary over abstainer, women can expect to earn up to 14 percent more than their tee-totaling counterparts.

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