1968, coined from work (n.) with second element abstracted absurdly from alcoholic. This sets up the old Rodney Dangerfield joke: "My old man was a workaholic: every time he thought about work, he got drunk."
Old English weorc, worc "something done, discrete act performed by someone, action (whether voluntary or required), proceeding, business; that which is made or manufactured, products of labor," also "physical labor, toil; skilled trade, craft, or occupation; opportunity of expending labor in some useful or remunerative way;" also "military fortification," from Proto-Germanic *werka- "work" (source also of Old Saxon, Old Frisian, Dutch werk, Old Norse verk, Middle Dutch warc, Old High German werah, German Werk, Gothic gawaurki), from PIE *werg-o-, suffixed form of root *werg- "to do."
Meaning "physical effort, exertion" is from c. 1200; meaning "scholarly labor" or its productions is from c. 1200; meaning "artistic labor" or its productions is from c. 1200. Meaning "labor as a measurable commodity" is from c. 1300. Meaning "embroidery, stitchery, needlepoint" is from late 14c.
Work of art attested by 1774 as "artistic creation," earlier (1728) "artifice, production of humans (as opposed to nature)." Work ethic recorded from 1959. To be out of work "unemployed" is from 1590s. To make clean work of is from c. 1300; to make short work of is from 1640s.
Proverbial expression many hands make light work is from c. 1300. To have (one's) work cut out for one is from 1610s; to have it prepared and prescribed, hence, to have all one can handle. Work in progress is from 1930 in a general sense, earlier as a specific term in accountancy and parliamentary procedure.
Work is less boring than amusing oneself. [Baudelaire, "Mon Coeur mis a nu," 1862]
Work and play are words used to describe the same thing under differing conditions. [attributed to Mark Twain]
1790, "of or pertaining to alcohol;" see alcohol + -ic. Meaning "caused by drunkenness" is attested by 1872; meaning "habitually drunk" by 1910. Noun sense of "one who is addicted to drinking in excess, chronic drunkard, old rounder" is recorded from 1891; an earlier term for one was alcoholist (1877 in clinical writing, earlier in temperance literature this word simply meant "a drinker of alcohol"). Alcoholics Anonymous founded 1935 in Akron, Ohio, U.S.