The labor force participation rate is only 3% higher than it was in 1950 [1]. Meanwhile, the average number of hours people work per year has dropped by over 200 [2]. People have more free time than ever. They just spend most of it consuming media [3].
[1] https://fred.stlouisfed.org/series/CIVPART [2] https://fred.stlouisfed.org/series/AVHWPEUSA065NRUG [3] https://www.insiderintelligence.com/content/us-time-spent-wi...