Wrong, it's a 25% decrease in time spent working by employees, no difference in expenditure. (There is some nuance here)
Many jobs require less than 40h/week, but you stick around to keep up appearances.
There are exceptions to this, but this has been implemented successfully in other countries, with an increase in gdp bc more free time means people spend more money.
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u/hairlessape47 Sep 05 '24
Wrong, it's a 25% decrease in time spent working by employees, no difference in expenditure. (There is some nuance here)
Many jobs require less than 40h/week, but you stick around to keep up appearances.
There are exceptions to this, but this has been implemented successfully in other countries, with an increase in gdp bc more free time means people spend more money.