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Iceland embraced a shorter work week. Here’s how it turned out

  • Iceland's economy is thriving after adopting a shorter work week with no pay loss, outperforming most of Europe, according to research released Friday.
  • 51% of Icelandic workers accepted shorter hours between 2020 and 2022, with growth potentially increasing since then, as reported by two think tanks.
  • Productivity remained stable or improved, while workers' wellbeing increased significantly across various measures, according to researchers' findings.
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EuropeEurope
BusinessBusiness
European EconomyEuropean Economy
UnemploymentUnemployment
Iceland PoliticsIceland Politics
Iceland EconomyIceland Economy
EconomyEconomy
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