Last year in the middle of the debate reduction of working hours in Spain, the Mexican businessman Carlos Slim He spoke about it in Avilés, during the 28th Plenary Meeting of the Montevideo Foundation Circle. The Mexican businessman agrees two parts the need for government to reduce the hours of the day, but with some conditions.
36 hours a week, 12 hours a day. The Mexican businessman partially agrees with the PSOE and Sumar on the reduction of the working day that has existed for more than 100 years. Lean emphasized that the latest technology available to companies can reduce the number of hours to 36 hours per week and increase productivity thanks to artificial intelligence and other innovations.
But the Mexican tycoon disagreed with the distribution that day. Charles Slim It is not beneficial to distribute these hours over four or five daysbut three days of the week, with a day of 12 hours.
A better distribution of work for the whole people. For an entrepreneur, concentrating on all hours within a few days, means “to work a few days, three days, not four, not five, three, more hours, more years, and having many people, will cause a new demand for new activities; it will be of great importance, etc. .” According to him; employee training special emphasis must be placed on the education of groups at risk of social exclusion: “We need to connect marginalized people to the economy, with good education, training, and jobs.”
coincidence. In this context, the monetary value agrees with some of the points proposed for Spain, where it is mainly invested in protection. long-term jobless in 45 years those who refuse to work hard to gain hatred. Second data from the National Statistics InstituteThe progressive aging of the population in Spain has increased the number of unemployed people over 45 years of age up to 9.07% of the active population and the percentage has risen as the retirement age approaches up to 11.42% of those who have signed up for their age.
Retirement at 75 years. The Mexican tycoon shines the spotlight for relief a greater number of active men aiming for retirement at the age of 75 years, addressing the longer life expectancy of people, which has gradually increased in recent years. In the words of the Mexican who these have been published Economist“We’re living longer. It’s good that we don’t retire so early,” Gracile explained.
Correlation. Carlos Slim’s goals are in the policies that are adopted in many European countries and the world, where the age of retirement is gradually postponed. According to the study The future of the pension system: housing, labor markets and reformsit is expected that by 2050, the dependency rate (the proportion of people aged 65 or over in relation to the working population between 16 and 65 years) will be more than 50% in Europe and 72% in Spain. demographic imbalance caused by the aging of the population.
Information speaks: barren for a very long time. Carlos Slim’s approach is based on two main pillars: the maximum number of hours aggregated into the minimum number of days to free the worker for the rest of the week and delaying retirement until advanced ages. However, this distribution faces a major problem: the drop in productivity that both assumptions entail.
different study point to the right relationship the length of the day and the drop in productivity. That is, the days are longer; less productivity because of stressfatigue and lack of movement. Countries with shorter working hours have the highest productivity, while Eastern European countries with longer working hours have levels of 60% of the European average.
The relationship between age and productivity. The money marketer is right when he points out that life expectancy has increased in recent years. The INE data We confirm that the average life expectancy for men was 77 years compared to 83.6 for women in 2004, while in 2021 it has increased to 80.2 years for men and 85.8 years for women. But a Bank of Spain report 2020The loss of productivity is associated with increasing age, especially after 55 years.
Life expectancy for men and women between 2004 and 2021. Source: INE
For a long time. Delay leisure It would drag out the situation for too much time, which will only get worse with time. So, effectively, older people have to work and they refused to receive their retirement pension he oversaw the affairs of the state, but did not meet the goals of the companies with profits. In addition, it must be taken into account that certain services require good physical condition to perform them, which the old man could not offer and was excluded.
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Image | Flickr (Universal Travel & Tourism Council)
* A previous version of this article was published in October 2023
