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Whatever the truth may be it is certainly interesting how 20 million people can lose their jobs simply as a result of their employer reducing or stopping its op
by 3xblah 6y ago
Whatever the truth may be it is certainly interesting how 20 million people can lose their jobs simply as a result of their employer reducing or stopping its operations for a few weeks. Regardless of the previous unemployement figures it raises the question of how secure were these "jobs". Is job security worth measuring.
- gniv 6y agoFor certain jobs it's better to fire the workers so they can get unemployment benefits, rather than keep them without pay.
- cjamesd 6y agoFascinating. Do you suppose there are businesses that actually could keep their employees but are just throwing in the towel because their human capital will be easy to obtain after people can go back to work?
- Jommi 6y agoOh definitely, and especially now with the unemployment benefits cap being nearly 4kUSD/month the decision is even easier.
- refurb 6y agoWhy is it surprising? The government literally said “stop what you’re doing” to 80% of the businesses out there. I’m honestly surprised it’s only 20M people unemployed.
- EpicEng 6y agoIt's "surprising" that people lose jobs when businesses stop functioning? I can't think of any interpretation of that sentence which makes any sense at all.