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The nuance here is that it’s trending in the wrong direction
by financetechbro 1y ago
The nuance here is that it’s trending in the wrong direction
- rufus_foreman 1y agoI don't think it is as simple as that. On the first hand, if employees have shorter job tenure because they are switching jobs for better pay and opportunities is that "the wrong direction"? For employees it might not be, for employers it might be, for the economy in general? It depends. And on the second hand, if employees have longer job tenure because they hate their jobs, but can't find new ones so can't quit, is that "the right direction"? For employers it might be, for employees it might not be, for the economy in general? It depends. And, as an economist, on the third hand...