NYT OpEd: Are Cuts in Hours and Pay an Alternative to Mass Layoffs?
The idea of shorter working time has finally received notice by the New York Times:
One way to reduce the need for layoffs would be to cut back on hours, spreading the available work among more employees. This was an idea that had considerable currency in the Great Depression. In 1933, the Senate passed a “30 Hour Bill” that would have barred from interstate commerce goods made by workers employed more than 30 hours a week. Its sponsor, Senator Hugo Black of Alabama, said the bill would create six million new jobs. It made no sense, he insisted, for some employees to work 70 hours a week “while others are driven into poverty and misery from unemployment.”