Shorter work week might be solution in post-COVID world
As countries in Europe and North America emerge from lockdown and start trying to rebuild their devastated economies, the great concern is jobs.
Unemployment in the U.S. and Canada is over 13 per cent, a post-Second World War high. If it weren’t for subsidies that keep up to a fifth of the working population in paid “furloughs” from their jobs, jobless rates in Europe would be as high or higher. That can’t go on forever, so there is a frantic search for job-saving strategies – and the “four-day work week” keeps coming […]
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