Monday, February 15, 2010

Cut working week to 21 hours

Read this report in the BBC. I agree with the general thrust of the suggestion, i.e. that people should work fewer hours and earn less, so that more people can be employed and older workers can continue to work longer. This will give a better balance and improve the quality of life.

We do not need to go all the way down to 21 hours, but 35 hours would be a good start.

In Singapore, many people are putting in 60 hour weeks. Instead of working fewer hours with higher productivity, we are working longer hours. This is why we have one of the lowest birth rates in the world.