The four-day week is an idea whose time may have come but it is not a magic bullet. Companies don’t hire more people just to spread the work around
As countries in Europe and North America emerge from the lockdown and try to rebuild devastated economies, the great concern is of jobs. Unemployment in the US and Canada is over 13 per cent, a post World War-II 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. […]
Full Post at www.dailypioneer.com