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That's not going to be tried here. Iceland isn't the United States.
Winner.
The US has 53 cities with more population than Iceland.
Iceland is a Nordic country with a Nordic model.
Iceland has a labor force participation rate of around 80%. https://tradingeconomics.com/iceland...icipation-rate
You can do lots of cool social democracy support stuff when the logistics are small and 4 workers support 1 rather than 3 workers support 2 as in the US. Iceland has no real military. No leaky border...
The US has 53 cities with more population than Iceland.
Iceland is a Nordic country with a Nordic model.
Iceland has a labor force participation rate of around 80%. https://tradingeconomics.com/iceland...icipation-rate
You can do lots of cool social democracy support stuff when the logistics are small and 4 workers support 1 rather than 3 workers support 2 as in the US. Iceland has no real military. No leaky border...
All good points, but more people would be in the workforce in the US if they were only required to work four days instead of five, no?
All good points, but more people would be in the workforce in the US if they were only required to work four days instead of five, no?
No.
Americans get lazier with every passing day. Decade after decade of abundance and comfort on a scale never seen before in human history has the effect on a society.
We as a people are all born on third base and constantly congratulating ourselves for hitting a triple...which none of us did. We then live our life with some vague but insistent expectation that eventually someone else will bat us across home plate.
Our labor force participation rate in the 1950s, before feminism put more women into the workforce, was 58-60%. Since the whole "Rosie the Riveter gets her MBA and joins the corporate world" movement occurred, we have peaked at 67% and hover in the 64-65% range, pretty much decades after decade.
That means since roughly...oh, the last 75 years or so, about 40% of America's available workforce DOES NOT WORK...and haven't really since the end of WW II. Yet, we don't have a 40% poverty/starvation/homeless rate, so methinks those folks are all getting by with their 0 hour work week.
In just raw number terms, the current average work week between the current 62.3% who work (assume full time) and the 37.7% who do not, then factor in a poverty rate of 11.6%, which we will say is split 90-10 on a "does not/does work" thing, that means for 90% of the 11.6% who are officially poor, not working is not profitable for them, which means for the remainder of those who don't work, not working is doing OK for them, because they aren't poor. That is 33.76, which means I will increase the workers who support that, to fudge the 40 hour folks up...in the name of fairness towards collectivism and say 66.24% of America has a 40 hour week.
That means America, on average, gets by with an AVERAGE work week of 26.5 hours, given the sheer volume of folks who seem to get by just fine with a 0 hour work week. Iceland is just cruel for requiring 32 hours of work. We have a third of our eligible workers in arguably one of the greatest countries on Earth doing exactly nothing, and getting by just fine like they actually have jobs.
Both my daughter and spouse have jobs that allow them to work four days rather than five. They love it and relate it makes for a very pleasant and refreshing weekend.
Both my daughter and spouse have jobs that allow them to work four days rather than five. They love it and relate it makes for a very pleasant and refreshing weekend.
Good for them.
They are still suckers and slaves to the grind though, because 37% of the US workforce has a zero hours, zero days per week workweek, and I'd wager they are even more pleased about their never ending weekend, which must be amazingly pleasant and refreshing.
They are still suckers and slaves to the grind though, because 37% of the US workforce has a zero hours, zero days per week workweek, and I'd wager they are even more pleased about their never ending weekend, which must be amazingly pleasant and refreshing.
I think they both find their work satisfying. Many people do.
There's a lot working 0 hours and seem to be doing fine. How, I don't know.
Perhaps they are part of a household with an income that allows them to forgo paid employment?
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