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Is there only one explanation for lower unemployment and higher wages? No, and clearly I'm not saying anything like that. But would you seriously argue that w
by legutierr 4y ago
Is there only one explanation for lower unemployment and higher wages? No, and clearly I'm not saying anything like that.
But would you seriously argue that when a company hires 100 people it doesn't lower unemployment by 100 people? And that when 100 people receive job offers, their ability to negotiate higher salaries does not also increase?
- manuelabeledo 4y ago> But would you seriously argue that when a company hires 100 people it doesn't lower unemployment by 100 people? And that when 100 people receive job offers, their ability to negotiate higher salaries does not also increase? There's already a very common scenario where this does not happen: layoffs targeting higher earners.