The Swedish Social Democrats, who are currently in opposition in Sweden, seem to have chosen shorter working hours as a ballot issue, in the upcoming government election in September 2026. How they will finance this reduction in working hours has not been presented. It should be borne in mind that it is the same party that raised the retirement age in 2020 in order to maintain pension levels.
Now the shortening of working hours has also reached Wall Street. JP Morgan now limits the maximum number of hours their employees can work per week to 80 hours. In addition to this restriction, their employees must also be able to be off from Friday evening at 18 p.m. to Saturday at 12 a.m. Also, they are guaranteed a free weekend every three months.
Despite my own working hours, I can also think that those who work on Wall Street work a lot, but Sweden appears as a sheltered workshop in comparison, which makes me prefer Wall Street every day of the week.
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