"Flexibility of the US labor market is one of the things that makes it attractive relative to labor markets of other rich countries: it's easy to hire more peop

"Flexibility of the US labor market is one of the things that makes it attractive relative to labor markets of other rich countries: it's easy to hire more people when demand goes up, and fire them when it goes down." I believe that this is a huge competitive advantage for the USA over most of the world. It's not pleasant, but many of us benefit, on net.