Sen. Bernie Sanders (I-Vt.) on Wednesday introduced a bill to establish a standard four-day workweek in the United States without any reduction in pay. The bill, over a four-year period, would lowe…
Yes, but combined with shorter work week, which may cause some increase in the amount jobs of exactly for people earning close to minimum wage, the result may be less noticeable.
If a shorter work week results in there being more jobs, that conflicts with the notion we’d get just as much done in 32 hours as in 40.
I guess you’re saying this effect is more likely in non-creative professions that simply can’t be compressed, which also happen to be the most likely to be minimum wage?
Then what you’ve accomplished is cutting the hours of higher earners from 40 to 32, and increasing the hours of minimum wage earners from 40 to 64.
That would be logical, but still would affect only people earning close to minimum wage.
It would increase pay for some, and leave others without their jobs. Same as any other minimum wage increase.
Yes, but combined with shorter work week, which may cause some increase in the amount jobs of exactly for people earning close to minimum wage, the result may be less noticeable.
If a shorter work week results in there being more jobs, that conflicts with the notion we’d get just as much done in 32 hours as in 40.
I guess you’re saying this effect is more likely in non-creative professions that simply can’t be compressed, which also happen to be the most likely to be minimum wage?
Then what you’ve accomplished is cutting the hours of higher earners from 40 to 32, and increasing the hours of minimum wage earners from 40 to 64.