Philippines call for a 4 hour working week

Government offices in the Philippines are to work a four-day week for the next two months to reduce energy costs and help its flagging economy.

President Gloria Arroyo said the move was "imperative" because of soaring oil prices and a worsening fiscal position. Inflation is running at 8.5%, jobless levels are above 11% and the budget deficit has widened to 4% of GDP.

The order will apply to all staff working in government departments as well as state-owned corporations.

Read more at the BBC : http://news.bbc.co.uk/1/hi/business/4393881.stm

posted by batik billy @ 10:07 am