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The easier it is to fire or retrench someone, the easier it is to hire them. And if it's easy for me to hire... then it's easier for the next entrepreneur to h
by FredPret 2y ago
The easier it is to fire or retrench someone, the easier it is to hire them.
And if it's easy for me to hire... then it's easier for the next entrepreneur to hire... paradoxically driving wages up and forcing businesses to keep hiring high so as to keep their competitive edge.
The only people suffering under such a system are freeloaders - who get hired and then proceed to lean on labour laws to stick around for a long time after their welcome has worn out.