Purchase Solution

Reduce work hours during high unemployment times

Not what you're looking for?

Ask Custom Question

In the period of high unemployment, people often think that a solution lies in spreading the amount of work more evenly. In Europe for example, many labor unions are proposing that the workweek be reduced so that more people will be a able to have jobs at the reduced hours. Do you agree or disagree with the idea of reducing the workweek? Why?

Purchase this Solution
Solution Summary

The expert examines reduce working hours during high employment times.

Solution Preview

I disagree (note: this is not the only correct answer, some could agree, depending on what policies you believe)

first, high unemployment rate is caused by a low demand of goods. Because demand for goods are low, the inventory level is high and workers ...

Purchase this Solution
Free BrainMass Quizzes
Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

View More Free Quizzes
Related BrainMass Solutions

  • Many times we have seen and heard of statistics being used i

    Other social assistance programs work to help the individual find employment, which would ultimately reduce both the reported and real unemployment rates in that country.

  • Cardinal Company

    ED-1 Betty Williams' regular hourly wage rate is $14.00, and she receives a wage of 1 1⁄2 times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period Betty worked 42 hours.

  • Economic Variables: Average Income

    Average income increases during times of economic growth (increases in GDP) and generally decreases during times of economic contraction (decreases in GDP).

  • How Monetary Policy Helps Employment & Inflation

    It maintains a balance in its policies between the need to control inflation and to reduce unemployment. During the recent economic downturn there was a strong need to reduce unemployment.

  • Criminal Justice Organizations: Budget

    Research and identify ways criminal justice organizations stretch their dollars by allocating budgets differently than they do during times that are more prosperous.

  • Do we work too hard?

    Economic abundance threatened overproduction and unemployment. Shorter hours could decrease work, raise wages, spread employment, reduce unnecessary production and surpluses, and insure a minimum standard of life for everyone.

  • Unemployment

    Government programs that provide fiscal stimulus by taking up infrastructure building projects during recession help reduce cyclical unemployment.

  • Calculate gross pay including employee and employer taxes

    Hourly rate of $32 with overtime of 1.5 times regular pay rate for all hours more than 40 per week.

  • This posting addresses unemployment and inflation.

    If inflation is high, management may want to find ways to either reduce the cost of how products are being made, or by some other means that would reduce the prices of the company's products.

View More Related Solutions