5 ms·
Because those states have the lowest unemployment?
by Jhjjjjjjjj 4y ago
Because those states have the lowest unemployment?
- phabricator 4y agoWhich is good right?! Nope! Labor markets can reach a point where each job added does not create enough productivity to cover its cost, every next job after that is inefficient ("slack"). With an unemployment rate as drastically low as many right to work states, wage inflation becomes a big issue, so companies hire less efficient employees. https://www.marketwatch.com/story/could-rising-wages-scuttle-the-small-cap-stock-surge-2017-05-12 https://www.marketwatch.com/story/could-rising-wages-scuttle...
- viraptor 4y agoYou got me interested, but no. 5/10 states with lowest unemployment are RTW.