The ability to lay people off whenever you want also has the benefit of employers feeling more confident in hiring people, as they can lay them off if required.

The ability to lay people off whenever you want also has the benefit of employers feeling more confident in hiring people, as they can lay them off if required. It leads to more jobs and a more dynamic labour market as your job security is being able to find another job readily. By making it hard to fire Europe has also made it hard to hire.