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France shortens work-week: sharing scarce jobs

By: Ashta, Arvind.
Material type: materialTypeLabelArticlePublisher: 2000Description: p.3527-532.Subject(s): Working time - France | Working time In: Economic and Political WeeklySummary: The French government has legislated a shorter work-week for large enterprises. The arithmetic is simple: if existing workers work less, the same amount of work will be done by more workers. The economics is simpler: workers with leisure and those with new employment will spend and raise aggregate demand, thus pulling the economy out of the current recession. - Reproduced
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Articles Articles Indian Institute of Public Administration
Volume no: 35, Issue no: 39 Available AR46726

The French government has legislated a shorter work-week for large enterprises. The arithmetic is simple: if existing workers work less, the same amount of work will be done by more workers. The economics is simpler: workers with leisure and those with new employment will spend and raise aggregate demand, thus pulling the economy out of the current recession. - Reproduced

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