Work Sharing Won’t Bring Solution to Unemployment

The Financial Post, August 11, 1984

3 Pages Posted: 14 Jul 2011

See all articles by Walter E. Block

Walter E. Block

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business

Date Written: July 12, 2011

Abstract

Work Sharing seems to be the “in” thing. According to its advocates, unemployment is caused by people working too many hours; if they would just reduce their workweek to, say 32 hours, there would be plenty of jobs to go around for everyone.

The latest politician to make this proposal is Bob Rae, leader of the Ontario New Democratic Party, who estimates that the 32-hour workweek could create more than 780, 000 additional jobs in that province, halting unemployment dead in its tracks. Superficially attractive as this idea is, it is deeply flawed. It flies in the face of the historical fact.

Suggested Citation

Block, Walter E., Work Sharing Won’t Bring Solution to Unemployment (July 12, 2011). The Financial Post, August 11, 1984. Available at SSRN: https://ssrn.com/abstract=1884501

Walter E. Block (Contact Author)

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business ( email )

6363 St. Charles Avenue
Box 15, Miller 321
New Orleans, LA 70118
United States
(504) 864-7944 (Phone)
(504) 864-7970 (Fax)

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