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I think its a bad idea
scottm21166
Member Posts: 20,723
I have to take an entry level social science class (125)employer employee relations...for my degree path...
this teacher showed us a tape from this guy named riddle who proposed 30 hr work weeks as a solution to unemployment. He claimed the tech sector would reduce demand for workers and automation would eliminate
the rest of the blue collar jobs. he sumised a 30 hr work week would give more people a job and that the money to keep salaries the same could come from unemployment tax reduction for the employer.
for every 6 40 hour per week workers you could have eight 30 hour per week workers....
what problems do you see with this plan
this teacher showed us a tape from this guy named riddle who proposed 30 hr work weeks as a solution to unemployment. He claimed the tech sector would reduce demand for workers and automation would eliminate
the rest of the blue collar jobs. he sumised a 30 hr work week would give more people a job and that the money to keep salaries the same could come from unemployment tax reduction for the employer.
for every 6 40 hour per week workers you could have eight 30 hour per week workers....
what problems do you see with this plan
Comments
Work like h*ll for thirty years.
Retire.
It works![:D]
Do well in school - sacrifice, make some effort to excell.
Work like h*ll for thirty years.
Retire.
It works![:D]
I don't have 30 years...one of the kids in class told me that[:D]
I have to remember what I thought of 46 year olds when I was 18...too funny
According to our Govt. we don't have unemployment as a problem thus why we need these 20 million illegal immigrants in our country.
I propose deporting those 20 million illegals to end unemployment. They ain't paying into our Social System...only leaching from it.
Bad Idea.
According to our Govt. we don't have unemployment as a problem thus why we need these 20 million illegal immigrants in our country.
I propose deporting those 20 million illegals to end unemployment. They ain't paying into our Social System...only leaching from it.
Agreed!!
Scott- I would bet ten to one odds that Riddle developed his theory in the development of a graduate or doctoral thesis for an MBA or similar degree. If that is the case, it does not need to be correct, only well written, with an effective use of citations. How will the tech sector reduce demand for workers? If how, then what kind of timeline are we looking at? 2 years or 20 years? And the very foundation of his proposal is that we do in fact have an unemployment problem. Banks have been onto the 30 hour workweek for twenty years. The majority of bank employees work a 30 hour week, and as was mentioned by someone else, it benefits the corporation, not the bank employee. Finally someone else has already mentioned the French economy and how well it's worked out for them.
Dave has nailed it...
Besides, why fix something that's not broken. The current unemployment numbers are approaching the "theoretical" minimum. Meaning some % of workers will always be looking for work no matter what. The bigger problem currently is underemployment which this theory does not address.
Do well in school - sacrifice, make some effort to excell.
Work like h*ll for thirty years.
Retire.
It works![:D]
If it comes from Zipperzap, I'll believe it.
who would pay for benefits?
They would tell us about the average amount of overtime has increased significantly.
They would then "Blame Bush"
Employers would see a much higher cost for vacations, health insurance, and other benefits as their number of employees swelled. THis would inturn give the employeer a great reason to increase productivity by increasing automation. The employeer would then NEED less employees. Little significant change to unemployment.
The educated would be paid more for higher specialized jobs. THe uneducated laborer would find more competition at McDonalds. Again, the democrats would blame President Bush for a great disparity between the have and have nots.
America has the highest productivity and takes the least amount of vacation in the modernized world. America also has the lowest unemployment. If unemployment gets much lower, there would be a situation of underemployment. Employers would have to artificially increase wages to compete for labor.
There is nothing wrong with the current system and the current level of unemployment.