(CNN) – If you are looking for a shorter work week, you might want to tell your boss about what’s happening in Iceland.
Two think tanks published new research showing that Iceland’s economy has boomed since introducing a four-day workweek with no pay reduction.
Data show that between 2020 and 2022, 51% of workers had accepted the offer of shorter working hours.
A year later, Iceland logged faster economic growth than most European countries.
Not only that, but its unemployment rate is now one of the lowest in Europe.
There have been a number of experiments with a four-day week around the world.
This includes a successful trial in 2022 across 33 companies, with the majority based in the U.S. and Ireland.
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