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> "I do not think I would hire anyone in Spain if I was a business." I know I wouldn't hire anyone in Spain if I were a business, because there's no demand in
by roc 15y ago
> "I do not think I would hire anyone in Spain if I was a business."
I know I wouldn't hire anyone in Spain if I were a business, because there's no demand in Spain. If my sales aren't growing, there is simply no need, full stop.
Businesses hire employees when they need them to make more money. If it is possible to serve their customers and their growth without more employees, they'd have no need to hire any employees, regardless of taxes, regulations, employment policies, etc.
As long as it is possible to make more profit with another employee, they will hire another employee.
So unless regulations/taxes/laws haven't become trivially broken -- where it's impossible to make money as a business with employees -- employment policy is simply not something that's going to impact the decision.
- yummyfajitas 15y ago...there's no demand in Spain. If my sales aren't growing, there is simply no need, full stop. No demand? Really? Spaniard's won't pay $0.25 euro's to have their house cleaned, or $0.50 for a restaurant meal? Demand is not completely inelastic at 0. The reason there is unemployment is because something is preventing markets from clearing. For example, it's possible that the government pays people more not to work than employers are willing to pay them to work. Incidentally, there are plenty of reasons I might hire even if sales aren't growing in my sector of the economy. For example, I might want to increase my market share.
- roc 15y ago> "Demand is not completely inelastic at 0." No. But wages and prices are sticky. And they've been noted as such since before there was unemployment or any employment policies of note. So it seems silly to further some notion that they may be the factors behind the stickiness and thus the failing demand.