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yeah, it would actually decrease the number of employees if employee cost is significant enough to not be absorbed by raising the price. It might also decrease
by Noos 7y ago
yeah, it would actually decrease the number of employees if employee cost is significant enough to not be absorbed by raising the price. It might also decrease it by forcing a robustness check on existing businesses. A lot of them manage but couldn't absorb a financial hit; this would be a minor crisis but one that could just push marginal businesses over the edge.