Reduce unemployment, create 25% more jobs, and have a happier work force?? Why not??
Henry Ford did this back in the early 1900s and it worked for Ford Motor Company..Swedes test a future of less work, more play
Published Bangkok Post: 29 May 2014 at 22.49 LINK
Sweden often stuns first-time visitors with its laid-back prosperity, making foreigners wonder how it is possible to have both lots of money and lots of leisure. Part of the answer, according to economists, is a productive and well-educated workforce that adapts to new technologies quicker than most.
Exactly how much –- or how little –- Swedes work compared with other nations is a somewhat open question. "We have a 40-hour work week, but also we have a little more absence than many people and we start work late in life because we study longer," said Malin Sahlen, an analyst at Timbro, a libertarian Stockholm-based think tank.
In 2012, the average Swede worked a total of 1,621 hours, according to the Paris-based Organisation for Economic Co-operation and Development. This is more than the Netherlands with 1,381 hours, but less than Britain with 1,654 hours or the United States with 1,790 hours – and way below Chile's 2,029 and Mexico's 2,226 hours. "We could work more, that's a fact," said Sahlen.
But far from looking to increase time spent at work, some in Sweden are out to prove that less is more and that cutting hours can boost productivity.