WWWforEurope: Welfare, Wealth and Work for Europe

The 7th EU Research Framework Project "Welfare, Wealth and Work for Europe – WWWforEurope" was set out in 2012 to 2016 to find answers to many questions, central among them: What kind of development strategy should Europe opt for in the face of the financial crisis and the big challenges ahead: globalisation, demographic shifts, climate change and new technologies? What kind of strategy will guarantee "Welfare, Wealth and Work for Europe" in the long term?

After four years of work by researchers from 34 institutions, please find the WWWforEurope project's answers in the publications which can be downloaded here (project deliverables, working papers, policy briefs and policy papers). Also the most important WWWforEurope events can be accessed here.

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Details

Working Hours in a Period of Low Economic Growth. WWWforEurope Working Paper No. 110
WWWforEurope: Welfare, Wealth and Work for Europe, January 2016, 15 pages
Commissioned by: European Commission
Supported by: Österreichische Forschungsförderungsgesellschaft mbH – Austrian Agency for International Cooperation in Education and Research – OeAD-GmbH
Study by: Project team WWWforEurope
Collectively agreed reductions of working hours phased out in Europe in the 1990ies. During the last two decades, working time became more flexible and heterogeneous. Working hours of full-time employees in the EU hardly changed. The strong increase in part-time work was the outstanding phenomenon. Today, one third of female employees and almost 10 percent of male employees work part-time. In a period of slow growth, productivity gains will be squeezed by subdued investment and low capacity utilisation. Thus, a smaller pie will be available either for real wage increases or for working time reductions. In this situation, it will be politically even more difficult to find an agreement on shorter working hours than in past decades. Since the productivity and employment effects of a working time reduction in a low-growth period are quite uncertain, social partners must be willing to negotiate again when the effects become apparent.
Research group:Labour Market, Income and Social Security
Language:English