Comparisons with Europe are not always balanced. The Europeans have traded a lot of their productivity gains in the workplace for more time off, resulting in a poorer material quality of life. I am not saying that this is right or wong, just that this is what has happened. They get more time off but in general they aren't as well rewarded (financially) as North Americans. As a result they live in smaller homes, with fewer things, but with more time off. We live in larger homes, with more stuff, multiple cars in the driveway and less time off. The ideal probably lies somewhere in between. I doubt most Europeans are happy to live in shoebox sized apartments (especially if they saw our suburban palaces). And I doubt most North Americans are happy working themselves to death to fill suburban McMansions that they barely live in. But other than vacations, the whole issue of work-life balanced needs to be looked at in a broader sense. It's not just vacations, but also things like overtime, commute times, flexible work arrangements (work from home), maternity/paternity leave (our 1 year is absolutely unfathomable to most Americans who get 6 weeks by the way), etc. For example, what concerns me more than vacations, is the lack of statutory holidays in Canada.
And while I generally agree with many European labour practices and policies, I would caution anyone who considers the grass to be significantly greener on the other side. Europe's labour policies are great if you are employed. But if you are unemployed, they are horrendous. Companies are extremely reluctant to hire new employees because of the difficulty in firing underperforming employees (particularly where unions are involved). And companies are equally reluctant to hire workers who might require time off for family reasons, etc. All this translates into unemployment rates during boom years that most North Americans would consider to be recession numbers. Is our public willing to trade employment for increased quality of life for the employed? Maybe a bit, but I doubt most Canadians would want to see Paris banlieu style unemployment in the suburban 416.