4 ms·
Adding friction to changing jobs stifles competition (hey, it's right there in the name), and thus suppresses wages. Employers already have a massive advantage
by OkayPhysicist 1y ago
Adding friction to changing jobs stifles competition (hey, it's right there in the name), and thus suppresses wages. Employers already have a massive advantage in employment negotiations, so a just society has zero reason to give them more.