Inside Chile’s plan to shorten the workweek
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 13 March 2024
⏱️ 8 minutes
🧾️ Download transcript
Summary
A year ago, Chilean officials voted to reduce the workweek from 45 hours, longer than in most industrialized countries, to 40. The new rule gives businesses until 2028 to tick down to 40 and is aimed at improving work-life balance. We check how the rollout is going. And the S&P 500 closed at a record high on Tuesday. Can the good times last? We hear the bull’s case for the market.
Transcript
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| 0:00.0 | Recently on the Marketplace Morning Report, you heard our Democracy in the Desert series. |
| 0:06.5 | We took you to places characterized by researchers as news deserts to see what communities |
| 0:11.2 | stand to lose when they're without a local news |
| 0:13.7 | ecosystem especially during an election year. This kind of reporting takes |
| 0:17.8 | resources. David Brancaccio went on a six-day reporting trip with two of |
| 0:22.0 | our producers grounding themselves in these communities |
| 0:25.2 | and meeting locals who are trying to find solutions and fill the gaps. |
| 0:30.0 | Every donation to Marketplace helps sustain this kind of in-depth journalism. |
| 0:34.0 | Please give what you can today at Marketplace.org slash donate. |
| 0:40.0 | Recently on the Marketplace Morning Report you heard our Democracy in the Desert |
| 0:46.8 | series. We took you to places characterized by researchers as news deserts to |
| 0:51.8 | see what communities stand to lose when they're without a local new as news |
| 0:54.9 | ecosystem to see what communities stand to lose when they're without a local news ecosystem |
| 0:55.8 | especially during an election year. This kind of reporting takes resources. |
| 0:59.8 | David Brancaccio went on a six-day reporting trip with two of our producers |
| 1:04.0 | grounding themselves in these communities and meeting locals who are trying to find |
| 1:08.8 | solutions and fill the gaps. Every donation to Marketplace helps sustain this kind of in-depth journalism. |
| 1:15.3 | Please give what you can today at marketplace.org. |
| 1:18.8 | slash donate. |
| 1:20.3 | What if the plan was to reduce your working hours by one hour a week over several years, a story today from Chile? |
| 1:31.0 | I'm David Brancatio. First, when it comes to stock prices, the saying |
| 1:35.8 | is that trees do not grow to the sky. Things don't keep shooting up indefinitely, but, driven |
... |
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