CEO female awake and staring at clock that reads 3 30 in the morning Because sleep disorders are often chronic in nature, there is no quick-fix sleep treatment that will yield optimal results and cost savings. (Photo: Shutterstock)

America, we have a problem. It’s weighing on the economy, our quality of life, and our ability to thrive at work. And no, it’s not just the COVID-19 pandemic.

A recent analysis by Rand Quarterly suggests that Americans aren’t sleeping well, and the economic impact is huge. In the U.S. alone, the cost of insufficient sleep is as high as $411 billion per year, or 2.28% of GDP.

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