Experiments with a shorter workweek have shown that shown that working fewer hours improves worker well-being and productivity. But we can’t expect employers to implement this transformative change of their own volition.
Experiments with a shorter workweek have shown that shown that working fewer hours improves worker well-being and productivity. But we can’t expect employers to implement this transformative change of their own volition.
My point is, if someone has a 4 day a week job and needs a second job to make up the difference, that defeats the purpose of a 4 day a week job. 😉
If rent, mortgage, bills, etc. also see a 20% decrease, then cool, cool. No worries, we’re all good.
/saying this as someone contemplating starting their own business and is expecting to work all hours, all days, to get it running.
Yeah I mean that goes hand in hand with the living wage argument. Where that goes and who absorbs the cost is in the weeds. Ex: landlords extract based on expected potential profit margins of the renter for commercial real estate so theoretically if margins drop everywhere all at once because of increased labor costs then rents drop to pay for that labor because unutilized real estate loses money. Unfortunately landlords are financed by banks and their mortgages create sticky price points that are very resistant to those drops. This isn’t taking into account general political resistance to property devaluation (which is huge). So telling you who is going to pay for it beyond saying “eventually it’ll get paid” is kinda impossible. Could be the worker, could be the consumer who is the worker, could be the capitalist, could be finance. Generally it’s a little of all. But you need strong unions to protect what little you got.