Instead, my real wage has decreased this year. Of course, this means I substitute free time for work. My work time budget has been reduced.
Since real wages have been falling consistently for most workers (US Swe excepted maybe) this should not be surprising.
Profits are up, real wages and wealth share of younger workers decrease. Who is to say which causal direction this has with work time? Back in the day, sinking in all that free time paid off. Now it pays off less.
For me, it has nothing to do with ambition. Sad to see that many decision makers are apparently wrong on this.