4-Day Work Week is Back: Part of the Adjustment
Submitted by CARPE DIEM
To help offset high gas prices, the 4-day work week is coming back (just like it became popular in the 1970s and early 1980s when gas prices rose); just another example of how consumers will find many ways to deal with $4 gas: buying smaller cars (see post below), driving less, and working four 10-hour days instead of five 8-hour days to achieve 20% savings, etc.
Bottom Line: Markets adjust, consumers adjust, producers adjust, employees adjust, employers adjust, everybody makes adjustments; that’s part of the miracle of the market - continual adjustments to the never-ending dynamic changes in the economy and the marketplace.
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June 2nd, 2008 at 7:03 pm
[...] is back in style again — but this time it’s the four day work week, not bell bottoms, making a comeback. All over the country, employers and employees are seeing [...]
June 13th, 2008 at 9:42 am
I would love a 4 day work week. I’m not so fortunate to have that luxury. Being creative is the american way. This does defray my gas costs… but doesn’t help me with my three day weekends.. LOL
Be good to each other
Rich
October 21st, 2009 at 12:56 pm
Interesting blog as for me. I’d like to read more about that topic.