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When you think about the increase in productivity per hour worked, a four-day workweek makes even more sense: https://ourworldindata.org/grapher/labor-productiv
by mykarakus 1y ago
When you think about the increase in productivity per hour worked, a four-day workweek makes even more sense:
https://ourworldindata.org/grapher/labor-productivity-per-hour-pennworldtable?tab=line https://ourworldindata.org/grapher/labor-productivity-per-ho...
- rytill 1y agoCan you please explain the insight about reduced workweeks you are deriving from what you've linked? It is not obvious to me.
- mykarakus 1y agoI was trying to point out that the productivity has been steadily increasing without an obvious benefit to the workers (such as pay increase), so basically workers have been producing more without getting a larger share of that increase. Therefore, keeping all the other things constant, reduced workdays might be a benefit for that increased productivity.
- rytill 1y agoOkay, that makes perfect sense. Thanks for the explanation!
- throw310822 1y agoIf I'm not wrong, productivity is measured as economic output/ hours worked. It seems pretty obvious that when people decide to reduce the hours worked, they will start pruning the less economically rewarding tasks first. How's that old adage: "work expands to fit the time available". So I would expect that by cutting the hours, the economic output decreases less than proportionally, and therefore productivity grows.