Would the overall economy be worse off if companies hadn't gone nuts with hiring in 2020/2021? Does "more reluctant" here = "more thoughtful"? I'm sure you co

Would the overall economy be worse off if companies hadn't gone nuts with hiring in 2020/2021? Does "more reluctant" here = "more thoughtful"? I'm sure you could take it too far, but I'm highly skeptical that we're in any sort of optimal situation today.