Is the Solution to Unemployment to Work Less?
“Germany’s growth has been no better than growth in the United States since the start of the downturn, yet its unemployment rate has fallen by 2.0 percentage points – while unemployment in the United States has risen by almost 4.0 percentage points.”
“The average worker in Germany and the Netherlands puts in 20% fewer hours in a year than the average worker in the United States. This means that if the US adopted Germany’s work patterns tomorrow, it would immediately eliminate unemployment.”
- Dean Baker, The Guardian.
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deadwordz reblogged this from sophiaishiding
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sophiaishiding reblogged this from eupraxsophy and added:
Interesting stuff here. Maybe we ought to think about it a bit!
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sophiaishiding likes this
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eupraxsophy reblogged this from rationworld
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rationworld posted this
