Dean Baker: Cure for unemployment? Work shorter hours
The movement to reduce hours of work is bubbling up from the underground.
From Dean Baker, Co-director of the Center for Economic and Policy Research:
“…There is an easy and quick way to begin to get these unemployed workers back to work. It involves paying workers to work shorter hours. The mechanism can take the form of a tax credit to employers. The government can give them a tax credit of up to $3,000 in order to shorten their workers’ hours while leaving their pay unchanged. The reduction in hours can take the form of paid sick days, paid family leave, shorter workweeks or longer vacations. The employer can choose the method that is best for her workers and the workplace.”
Read it here
h/t Tom Walker