On Friday, Oct. 25, two think-tanks published new research showing that Iceland’s economy has boomed since introducing a four day work week with no pay reduction.
Data show that between 2020, and 2022, 51% of workers had accepted the offer of shorter working hours.
A year later, Iceland logged faster economic growth than most European countries.
Not only that, its unemployment rate is now one of the lowest in Europe.
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Publish date : 2024-10-25 15:31:00
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