3 ms·
> But again. This doesn't hold up to a straight forward comparison to many European countries. If labour costs would be so detrimental to employment we'd still
by chimeracoder 7y ago
> But again. This doesn't hold up to a straight forward comparison to many European countries. If labour costs would be so detrimental to employment we'd still be queuing to the transatlantic ocean liners.
You can't use a "straightforward comparison" to Europe because labor law is so different in the US. European unions are legally required to compete with each other for workers, whereas American unions almost exclusively represent members where they assert exclusive right to representation.
That's a massive difference in incentives, and it makes for very different dynamics.