4 ms·
Yes and no. This will force companies to hire more employees, true, but at the cost of a much smaller overall workforce. Remember that cost is a constraint for
by breerly 7y ago
Yes and no.
This will force companies to hire more employees, true, but at the cost of a much smaller overall workforce. Remember that cost is a constraint for businesses.
Depends what is more valuable from a human + capitalism perspective, fewer work opportunities that pay better or more competition and “starter/flexible” work overall.
- bryanlarsen 7y ago> but at the cost of a much smaller overall workforce. That's what people predict about minimum wage increases too. Yet the effect has always been smaller than predicted, sometimes even non-existent.