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If the practice is widespread, it's more likely it just increases the time taken to fill open positions as companies spend some time looking to fill the spot of
by lutorm 16y ago
If the practice is widespread, it's more likely it just increases the time taken to fill open positions as companies spend some time looking to fill the spot of whoever left. It doesn't necessarily have to end with hiring someone who is unemployed, it may just have the effect of decreasing the mean number of employed as the "hole" propagates from place to place.
- idoh 16y agoI think we are in agreement. I like the idea of a "hole". Basically, if a new job is created at some company, then in the long run eventually someone unemployed has to get hired, it just might not be at the company where the new job was created.