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Explore the impact of working time reduction on unemployment rates, wage share, and job creation. Delve into the principles of a successful reduction plan, including compensatory hirings and the resorption of involuntary part-time work, especially for women. Join the conversation on innovative approaches to achieve full employment and better work-life balance.
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Skracanie czasu pracy jako sposób na pełne zatrudnienie Michel Husson Konferencja międzynarodowa Praca i płaca Warszawa, 29-30 czerwca 2019
Working Time Reduction Along the Marne River following the 1936 Matignon Agreement, which brought guaranteed paid vacations to France. Henri Cartier-Bresson
first decompositionhourly productivity = GDP / volume of work
second decompositionemployment = volume of work / working time
two regimes of growtha trade-off between wage share / unemployment
The uses of productivity gains France 1949-2008 Average annual growth rate
A simulation at UE level14 countries: Austria, Belgium, Denmark, Spain, Finland, France, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, United Kingdom, Sweden
Some principles for a “good” working time reduction (WTR) • No change in the monthly wage: the WTR is not payroll sharing but hours sharing • Compensatory hirings to avoid any intensification of work: 10% decrease in working time = 10% more jobs and even 11.1% thank to the laws of the arithmetic! • WTR must be the opportunity for a resorption of the involuntary part-time work (especially for women) • WTR must be accompanied by forms of pooling jobs in small businesses