Make it hard to fire and you make it risky to hire. This is why Europe has structural double digit employment while in the US some employers will still take a c

Make it hard to fire and you make it risky to hire. This is why Europe has structural double digit employment while in the US some employers will still take a chance on a smart guy without formal credentials. Paul English wrote a while ago that he had to let go about one in three as it wasn't working out. And look at all the hiring threads on HN about how hard it is to find the right person. If you can't fire, you can't take a chance on someone. It just reduces the liquidity of the labor market, and means borderline people don't even get jobs in the first place.