I know that Greece has had economic woes for some time, but I was surprised to learn that the average Greek worker puts in more hours per year than the average American and significantly more than the EU average. With the recent approval of six day workweeks in Greece, while conversations about shifting to four day workweeks are occurring elsewhere in the world, I’m curious as to what has led to this situation occurring?
In: Economics
Probably not great to compare to something like the US where we have companies like Nvidia where revenue per employee is something like $3million and profit is over $1million. Ya that’s an edge case, but we have huge tech and financial sectors where there’s just higher paying jobs available with little overseas competition generally. Lots more automation as well for things like automakers, not really aware of any big tech/financial/car companies in Greece.
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