LABOR: Thank God It's Thursday?

After years of talking about the four-day work week, only about 60 U.S. companies, with a total of 11,000 employees, have yet adopted it. But last week Chrysler Corp., which employs 153,000, agreed to set up a joint committee with the United Auto Workers to study the feasibility of switching to a four-day schedule followed by three days off. If such a schedule becomes part of a new contract, it could provide a powerful impetus for a shorter work week in the U.S.

There are many potential advantages to what is called "the 4-40 week" (to emphasize the fact that...

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