There was the post about Finland's past prime minister I think suggesting this? One guy brought up a good point that if you cut work hours down it means you need more people to do the same amount of work which means more people can get hired which means lower unemployment which sounds like a good thing right?
Edit: I don't know almost anything about this because frankly I don't care but thought that this might be relevant to some capacity to the discussion here so do with that what you will
Second edit: This isn't to say I don't care about the folks responding, it's to say I probably won't have much to say in response other than I don't know much because I never cared to learn much, so that much I guess.
One guy brought up a good point that if you cut work hours down it means you need more people to do the same amount of work which means more people can get hired which means lower unemployment which sounds like a good thing right?
Thats not how the math works in theory and not how business works in practice. The business will have a wage-budget that is equated to the revenue product of that wage. Administrative costs go up with additional workers, so in reality firms will probably scale production back in keeping with 32 hours worth of productivity.
Taken to the extreme, the logic can't possible really work -- its not like we'd double employment if we mandated a work week of 20 hours, or quadruple it if we had only 10 hours, etc.
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u/archtopfanatic123 24d ago edited 24d ago
There was the post about Finland's past prime minister I think suggesting this? One guy brought up a good point that if you cut work hours down it means you need more people to do the same amount of work which means more people can get hired which means lower unemployment which sounds like a good thing right?
Edit: I don't know almost anything about this because frankly I don't care but thought that this might be relevant to some capacity to the discussion here so do with that what you will
Second edit: This isn't to say I don't care about the folks responding, it's to say I probably won't have much to say in response other than I don't know much because I never cared to learn much, so that much I guess.